Ontario Teachers likely to buy rest of UK's Bristol Airport: Reuters
Canada's Ontario Teachers' Pension Plan is seeking to buy the rest of Britain's Bristol Airport in a deal worth up to US$424.6 million, a source told Reuters. The pension fund, which already owns 49 percent of the regional airport, has the right of first offer for the 50 percent owned by Australian asset manager Macquarie Group. Ontario Teachers is eyeing the stake as it seeks to expand its infrastructure holdings from US$12 billion to around US$18 billion.
28 July 2014•2 mins read
