March 7 Brookfield Asset Management Inc
said on Tuesday it would buy TerraForm Global Inc
for about $787 million and acquire 51 percent of
TerraForm Power Inc.
TerraForm Global and TerraForm Power are units of bankrupt
U.S. solar company SunEdison Inc.
Brookfield will pay $5.10 per class A share of TerraForm
Global, a 20 percent premium to the stock's Monday close.
TerraForm Power class A shareholders will get $11.46 per
share in cash, lower than Brookfield's previous offer of $12 per
(Reporting by John Benny in Bengaluru; Editing by Sai Sachin