Saturday April 20, 2024 | Last Update: April 20, 2024 EDT
A consortium that consists of the Canadian Pension Plan Investment Board (CPPIB), OMERS, and Ontario Teachers’ Pension Plan have announced in a joint statement that they will be acquiring Skyway Concession Company LLC for a total of $2.8 billion, according to a press release issued by OMERS. The acquisition of Skyway is in line with the strategy of the three pension funds.
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