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PSP Investments Makes Record-Breaking $2.4 Billion Canadian Investment in 407 ETR
PSP Investments is making its largest-ever Canadian investment, acquiring a 7.51% stake in Ontario's 407 ETR toll road for $2.4 billion upfront plus a deferred payment, exceeding previous expectations and reflecting pressure on Canadian pension funds to increase domestic investments.
PSP Investments Makes Record-Breaking $2.4 Billion Canadian Investment in 407 ETR
PSP Investments is making its largest-ever Canadian investment, acquiring a 7.51% stake in Ontario's 407 ETR toll road for $2.4 billion upfront plus a deferred payment, exceeding previous expectations and reflecting pressure on Canadian pension funds to increase domestic investments.
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