Canada's TransAlta Corp said on Monday Brookfield Asset Management will inv...
Bruce Flatt, CEO, Brookfield Asset Management Inc, speaks at the Milken Institute's 21st Global Conference in Beverly Hills, California, U.S. May 1, 2018. REUTERS/Lucy Nicholson
The asset manger has also agreed to buy shares in the company to increase its stake to 9 percent, TransAlta said. Last week, Mangrove Partners and Bluescape Energy Partners sought changes in TransAlta’s management structure.
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