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PSP Investments and ATRF to buy AltaGas Canada

Oct 21, 2019 - peHUB
Mergers and Acquisitions

PSP Investments and Alberta Teachers’ Retirement Fund Board have agreed to acquire AltaGas Canada Inc, a Calgary-based energy infrastructure company. The purchase price is C$1.7 billion. TD Securities Inc is providing financial advice to AltaGas on the deal with Stikeman Elliott LLP providing legal advice. And, National Bank Financial and Citi are serving as co-lead financial advisers to PSP and ATRF while Blake, Cassels & Graydon LLP is providing legal advice.