Global Infrastructure Partners and Canada Pension Plan buy Allete for $6.2 billion
Monday, 6 May 2024, 2:22 pm
It's turning out to be a merger Monday in the US.
Global Infrastructure Partners and the Canada Pension Plan have struck a deal to buy US-listed energy provider Allete for $6.2 billion, or $67 a share, in cash.
Below is a link to the press release in case you missed it:..