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.
RT : Brookfield to invest C$750 million in TransAlta's clean energy push
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