TransAlta to buy to buy TransAlta Renewables for $1 bln
11/07/2023 12:11
July 11 (Reuters) - Electric utility TransAlta Corp TA.TO will buy TransAlta Renewables Inc RNW.TO for C$1.38 billion ($1.04 billion) in a cash-and-stock deal, the company said on Tuesday. ($1 = 1.3276 Canadian dollars) (Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj Kalluvila) ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94 ;))
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