Allete gains as Minnesota PUC approves take private deal (ALE:NYSE)

Group 1 - The Minnesota Public Utilities Commission (PUC) approved the sale of Allete (NYSE:ALE) to a partnership led by Canada Pension Plan Investment Board and BlackRock's Global Infrastructure Partners [4] - The transaction was approved unanimously by the Minnesota PUC commissioners [4] - The acquisition price is set at $67 per share in cash, totaling $6.2 billion including debt [4]