TransAlta reaches deal with Competition Bureau to address Heartland deal concerns [BNN Bloomberg (Canada)]
TransAlta Corporation Ordinary Shares (TAC)
Last transalta corporation ordinary shares earnings: 3/4 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
transalta.com/investors
Company Research
Source: BNN Bloomberg
Under the agreement, TransAlta has agreed to sell Heartland's Poplar Hill and Rainbow Lake electricity generating businesses in Alberta. The sale will be made to one or more independent purchasers to be approved by the Commissioner of Competition in a move to resolve the competition concerns arising from the proposed transaction. As a result of the change, TransAlta and Energy Capital Partners, the seller of Heartland, have agreed to an $80-million purchase price reduction to reflect the required divestitures. The deal is now valued at $542 million, including the assumption of $232 million in debt. The revised transaction price will be further reduced by about $80 million following closing of the transaction, to reflect the economic benefit of the Heartland business arising since Oct. 31, 2023, which is payable to TransAlta, consistent with the original terms of the deal. Energy Capital Partners will be entitled to receive the proceeds from the sale of Poplar Hill and Rainbow
Show less
Read more
Impact Snapshot
Event Time:
TAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TAC alerts
High impacting TransAlta Corporation Ordinary Shares news events
Weekly update
A roundup of the hottest topics
TAC
News
- TransAlta (TAC) Positioned for AI Growth: What's Next? [Yahoo! Finance]Yahoo! Finance
- TransAlta Co. (NYSE: TAC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Thursday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- TransAlta Declares DividendsGlobeNewswire
- TransAlta Co. (NYSE: TAC) was upgraded by analysts at Scotiabank to a "strong-buy" rating.MarketBeat
TAC
Earnings
- 11/5/24 - Beat
TAC
Sec Filings
- 12/10/24 - Form 6-K
- 12/4/24 - Form 6-K
- 11/14/24 - Form 6-K
- TAC's page on the SEC website