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Reuters: BlackRock's $6.2B Allete Buyout Approved in Minnesota
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Heartspace News Desk
•Source: Reuters
Photo by MARIOLA GROBELSKA on Unsplash
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Key takeaways
- Minnesota power regulators have approved a $6
- 2 billion acquisition plan, allowing a BlackRock subsidiary and the Canada Pension Plan Investment Board to purchase Allete, the parent company of a utility owner, according to Reuters
Minnesota power regulators have approved a $6.2 billion acquisition plan, allowing a BlackRock subsidiary and the Canada Pension Plan Investment Board to purchase Allete, the parent company of a utility owner, according to Reuters.
Related Topics
BlackRockAlleteCanada Pension Planacquisitionutilities
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