oil & gas assets
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CS - AltaGas Canada taken private by PSP and ATRF for $1.7 billion - November 2019



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A year after its public debut, energy infrastructure company AltaGas Canada Inc. is being taken private. The former AltaGas Ltd. subsidiary struck a $1.7 billion all-cash deal on Oct. 21 to be acquired by Canada’s Public Sector Pension Investment Board and the Alberta Teachers’ Retirement Fund Board. The two entities will acquire all of ACI’s common shares for $33.50/share, representing a 31% premium to ACI’s $25.50/share closing price on the TSX on Oct. 18.......
 
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