CVC to start clock on sale of German metering firm Ista: Reuters

CVC Capital Partners is selling German metering and energy management group Ista, which could be worth up to 4 billion euros (US$4.3 billion), sources told Reuters. Pension funds, insurers and infrastructure investors are expected to show interest. Canada Pension Plan Investment Board, which already owns a minority stake in Ista, is tying up with Borealis Infrastructure to make a bid, while Allianz, the Government of Singapore Investment Corp and Ontario Teachers' Pension Plan, are also likely to show their interest, the sources said.

DealsCanadaNorth AmericaBriefs