TransAlta reaches deal with Competition Bureau to address Heartland deal concerns

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TransAlta reaches deal with Competition Bureau to address Heartland deal concerns
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TransAlta Corp. has reached a deal with the Competition Bureau to address the regulator’s concerns about its plan to acquire Heartland Generation Ltd. and its power generation business in Alberta and B.C.

November 14, 2024 at 11:54AM ESTCALGARY —

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.

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