CPPIB to acquire ReNew Power from Goldman Sachs for $139m.

CPPIB, a Canadian Crown corporation, agreed to acquire ReNew Power, an India's renewable energy company, from Goldman Sachs, an investment bank and financial services company, for $139m. Goldman Sachs agreed to sell, and CPPIB agreed to purchase, 11.63m Class A depositary receipts and 49.9m Class C depositary r​eceipts in Renew. The purchase price is $6.5 per Class A depositary receipt and $6.5 per Class C depositary receipt, representing a total consideration of $399.99m.