US$6.1 billion deal for owner of 4.4GW of wind and solar gets thumbs up from investors despite loud opposition from minority shareholder Water Island Capital.
Publicly-listed renewables firm will become a private company and will be merged, in a concurrent deal brokered by prospective owner CPPIB, with sister firm Pattern Development.
Canada’s Brookfield Asset Management has proposed a takeover of TerraForm Power and TerraForm Global – either by buying out 100% of the company for cash, or purchasing its existing Class A and Class B shares and replacing SunEdison as sponsor.
Oil and gas company Total has proposed to buy battery company Saft, which produces devices for the stationary storage industry as well as for transport and other applications.
Equipment manufacturer Foxconn has acquired a 66% stake in Sharp at a reduced price, with the two parties set to hold a press conference this Saturday, 2 April.