08:20 AM EDT, 06/25/2024 (MT Newswires) -- Brookfield (BN) has signed a share purchase agreement with Impala and other shareholders to acquire roughly 53% of the outstanding shares of Neoen, a French renewable energy producer, for 39.9 euros ($42.8) per share, Neoen said Tuesday.

Additionally, Bpifrance has agreed to tender all of its shares in Neoen under a tender agreement signed with Brookfield, Neoen added.

Neoen expects to receive all regulatory approvals by Q4 and a tender offer is expected to be launched in Q1 next year.

Brookfield did not immediately respond to MT Newswires' request for comment.

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