Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Warren Buffett's Berkshire Hathaway Buys AltaLink for $3.2B

CaptainYooh · 05-02-2014, 10:54 AM

Surprised not to see the thread on this yet. Warren Buffett's Berkshire Hathaway is buying AltaLink from SNC Lavalin for $3.2B. This is huge deal and a massive valuation for a utility transmission company that makes its income from a Government-regulated fixed rate of return on its assets. Also, the deal separates AltaLink from SNC Lavalin that's been tainted really bad by the recent bribery scandal.

05-02-2014, 10:54 AM	#1
CaptainYooh Franchise Player Join Date: Jan 2010 Location: Calgary Exp:	Warren Buffett's Berkshire Hathaway Buys AltaLink for $3.2B Surprised not to see the thread on this yet. Warren Buffett's Berkshire Hathaway is buying AltaLink from SNC Lavalin for $3.2B. This is huge deal and a massive valuation for a utility transmission company that makes its income from a Government-regulated fixed rate of return on its assets. Also, the deal separates AltaLink from SNC Lavalin that's been tainted really bad by the recent bribery scandal.