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BRIEF-Mangrove Applies For Review Of Transalta's Brookfield Deal

Published 2019-04-09, 03:57 p/m
© Reuters.  BRIEF-Mangrove Applies For Review Of Transalta's Brookfield Deal

April 9 (Reuters) - Mangrove Partners:

* MANGROVE PARTNERS APPLIES FOR JOINT HEARING WITH ALBERTA AND ONTARIO SECURITIES COMMISSIONS TO REVIEW TRANSALTA CORPORATION'S BROOKFIELD TRANSACTION

* MANGROVE PARTNERS - SEEKS ORDER CONDITIONING BROOKFIELD TRANSACTION ON A VOTE OF TRANSALTA SHAREHOLDERS NOT HAVING AN INTEREST IN BROOKFIELD DEAL

* TRANSALTA CORP - ALSO REQUESTED ASC, OSC REQUIRE TRANSALTA TO PROVIDE SHAREHOLDERS WITH FULL, ACCURATE DISCLOSURES RELATED TO BROOKFIELD TRANSACTION

* MANGROVE PARTNERS SAYS ALSO SEEKS ORDERS FROM ASC AND OSC THAT TRANSALTA POSTPONE 2019 ASM UNTIL AT LEAST JUNE 1, 2019

* MANGROVE PARTNERS SAYS TOGETHER WITH BLUESCAPE ENERGY PARTNERS IS AMONG LARGEST SHAREHOLDERS OF TRANSALTA, AGGREGATE OWNERSHIP OF 10.1% SHARES

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