Ontario Teachers Completes SeaCube Acquisition

Ontario Teachers' Pension Plan has completed its previously announced acquisition of SeaCube Container Leasing Ltd., a Park Ridge, New Jersey-based company that acquires, owns, manages and leases containers used in global containerized cargo trade. SeaCube shareholders received US$23.00 per share in cash, for a final total equity value of US$469.5 million and an enterprise value of US$1.8 billion.

DealsCanadaNorth AmericaBriefs