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Stock impact report

Brookfield Closes Acquisition of TerraForm Global

Cartesian Growth Corporation - Class A Ordinary Share (GLBL) 
Company Research Source: GlobeNewswire
BETHESDA, Md., Dec. 28, 2017 (GLOBE NEWSWIRE) -- TerraForm Global, Inc. (Nasdaq:GLBL) ("TerraForm Global"), an owner and operator of clean energy power plants, today announced the completion of its previously announced merger with an affiliate of Brookfield Asset Management Inc. (NYSE:BAM) (TSX:BAM.A) (EURONEXT AMSTERDAM:BAMA) ("Brookfield"), a leading global alternative asset manager.  Under the terms of the Agreement and Plan of Merger entered into on March 6, 2017 with certain affiliates of Brookfield (the “Merger Agreement”), holders of Class A shares of TerraForm Global common stock are entitled to receive $5.10 per share in cash, without interest and less any applicable tax withholding. The Class A shares of TerraForm Global common stock will be delisted from the Nasdaq Stock Market, with trading suspended as of close of business today, and the assets of TerraForm Global will be integrated into Brookfield’s global renewable power portfolio. Investors:GLBL-IR@terraform.co Show less Read more
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