11:45 AM EST - SNC-Lavalin Inc. : announced that its Board of Directors has authorized the Company to initiate a process to sell an equity stake in AltaLink, Alberta's largest regulated electricity transmission company. This process is an important step forward in the implementation of the Company's strategic plan, announced at its Annual General Meeting last May, to consider the reconfiguration and reduction of its ownership in principal assets within its Infrastructure Concession Investments portfolio. SNC-Lavalin
shares T.SNC are trading up $1.24 at $42.59.