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.
But the takeover hopes were scotched after OTPP
, which owns around 26.
clearly recognizes that while inputs are important, they are only necessary cond itions and do not in and of themselves lead to effective corporate governance.
, since purchasing an additional shareholding in Bristol Airport in 2009, has worked in concert with MEIF to assure continued development and strong passenger growth at the Airport.
has stakes in hundreds of large companies worldwide and owns a wide range of businesses across all sectors and many analysts believe it would want to extend its current 27% stake in a utility which it sees as a steady source of income for the pensions of more than 300,000 Canadian teachers.
and KIRKBI are not selling shares in connection with the IPO.
holds 27% of the shares in Northumbrian Water, has been linked with a takeover valuing the company at pounds 1.
and KIRKBI do not intend to sell shares in connection with the IPO.
is a massive investment fund controlling more than pounds 54bn of assets and is believed to have been mulling an increase in its stake and taking Northumbrian private since soon after it first invested in the utility in 2005.
In addition to Fermat Capital, the conference will bring together senior executives from APG, OTPP
, TIAA-CREF, Secquaero, Stark Investments, Solidum Partners and many others.