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Brookfield, La Caisse Complete Acquisition of Boralex

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Brookfield (BN), along with La Caisse, completed the acquisition of Boralex for $37.25 per share in cash, Boralex said Friday.

The purchasing group transferred sufficient funds to depositary Computershare Investor Services to distribute payments to shareholders, the company said.

Boralex expects its shares to be delisted from the Toronto Stock Exchange on or around Aug. 17, the company said.

The company also said it will operate independently following the transaction.

Price: $44.18, Change: $-0.92, Percent Change: -2.05%

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