TORONTO, Oct. 3, 2023 /CNW/ - The shareholders of TransAlta Corporation (TSX:TA.TO) (NYSE:TAC) and TransAlta Renewables Inc. (TSX:RNW.TO) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of TransAlta Renewables will be exchanged for 1.0337 shares of TransAlta Corporation or CAD$13.00 cash subject to proration of a max cash of $800 million and a max number of TransAlta Corporation shares issued of 46.4 million.
Read more at newswire.caS&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index
Newswire.ca -
Tue Oct 3, 2023
Columnist
Contributor Content
Press Release
Sponsored Content
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
This article could contain syndicated content. We have not reviewed, approved, or endorsed the content and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
/Broadcom%20Inc%20logo%20on%20building-by%20Poetra_%20RH%20via%20Shutterstock.jpg)
/Nvidia%20logo%20and%20sign%20on%20headquarters%20by%20Michael%20Vi%20via%20Shutterstock.jpg)
/A%20concept%20image%20of%20a%20flying%20car_%20Image%20by%20Phonlamai%20Photo%20via%20Shutterstock_.jpg)
