Loading...
Market
Market response to Allete privatization in terms of stock price movement in the first quarter post-announcement
5
Resolution / Starting Odds
Increase by more than 10% • 33%
Increase by less than 10% • 33%
Decrease • 34%
Stock market data, financial news outlets
Story
Allete Goes Private in $6.2 Billion Deal Led by CPP and GIP
May 6, 2024, 12:15 PM
Allete, a U.S.-based clean-energy utility, has agreed to a privatization deal valued at $6.2 billion. The acquisition is led by Global Infrastructure Partners and the Canada Pension Plan Investment Board. The agreed purchase price is $67 per share. Allete's dividends are expected to continue post-acquisition.
View original story
Similar markets
Increase over 10% • 33%
Increase 5-10% • 33%
Less than 5% increase or decrease • 34%
Significant increase in Alphabet's stock price • 33%
Little to no change in Alphabet's stock price • 33%
Decrease in Alphabet's stock price • 33%
Increase more than 10% • 25%
Increase 5-10% • 25%
Decrease • 25%
No significant change (±5%) • 25%
Stock price increases significantly • 33%
Stock price remains stable • 34%
Stock price decreases • 33%
Stock price increases • 33%
Stock price decreases • 33%
No significant change in stock price • 34%
Increase by over 5% • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by over 5% • 25%
Increase over 10% • 33%
Decrease • 33%
Little to no change • 34%
Significantly Positive • 25%
Moderately Positive • 25%
Neutral • 25%
Negative • 25%
Stock price up more than 10% • 25%
Stock price up 5-10% • 25%
Stock price unchanged or down • 25%
Stock price down more than 5% • 25%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Increase more than 10% • 25%
Increase 5% to 10% • 25%
Decrease or change less than 5% • 25%
Decrease more than 5% • 25%
Increase by more than 10% • 33%
Increase by less than 10% • 33%
No significant change or decrease • 33%