Boralex (BRLXF) lased night confirmed that its board has formed a special committee to review and recommend strategic alternatives. “The special committee is continuing its strategic review and there can be no assurance that such review will result in a transaction. The Corporation remains focused on its stated business strategy and enhancing value for its shareholders,” Boralex added. The announcement came after Bloomberg reported the company is working with Canadian banks to handle going private proposals.
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