The Material Change Report dated July 5, 2007 filed by BCE with the Ontario Securities Commission regarding its definitive agreement with the OTPP
consortium is similarly silent about the business dimension of the transaction.
Clarke said: "We are delighted that OTPP
will shortly acquire Burton's Biscuit Company.
Under the terms of the sale agreement, OTPP
will acquire Burton's as a whole, including all of Burton's brands, all of the rights under Burton's Cadbury licence and Burton's manufacturing sites along with its chocolate refinery.
And although the company is financially strong, a bid is likely to have been considered seriously by OTPP
after water user watchdog Ofwat recently put new limits on how much water companies can spend and charge for the next five years.
9 per cent interest in Copenhagen Airports from OTPP
for 570 million Danish Kroner, bringing MAp's Copenhagen stake to 30.
senior management has been unusually open about its commitment to major investment at BIA, including an intention to deliver the much-needed runway extension, a new terminal and an international pier.
In 2000, three prominent downtown office complexes in Canada were acquired by pension funds: Place Ville Marie by CDP, Toronto-Dominion Centre by OTPP
and Commerce Court by BCIMC.
With the increasing clout of institutional investors like OTPP
, and its outspoken leader drawing attention to what he considers questionable practices, we'll probably see much the same trend in Canada.
8 million incurred during the fourth quarter related to the pending acquisition by OTPP
The largest transportation holdings are in toll roads, such as the CPPIB's investments in Australia, Chile and Virginia, followed by airports, with the OTPP
and Public Sector Pension Investment Board (PSPIB) holding large stakes in airports across Europe, and railways, such as stakes by OTPP
and OMERS in the British High Speed 1 Rail between London and the English Channel.
A consortium consisting of CPPIB, OTPP
and OMERS acquired Skyway Concession, owner and concessionaire of Chicago Skyway toll road, for $3.
Cushman and Wakefield is owned by an investor group composed of TPG, PAG, and OTPP