Canadian pension funds among bidders for Indiana toll road: Reuters
Some of the world's largest pension funds and infrastructure investors are forming consortia to bid for the operator of an Indiana toll road that filed for bankruptcy last month, sources told Reuters. Different investor groups are said to include Brookfield Asset Management, Canada Pension Plan Investment Board and Ontario Municipal Employees Retirement System. A transaction will likely value ITR Concession Co LLC, the operator of the toll road, at between US$4 billion and US$5 billion.
15 October 2014•3 mins read
