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| Home : Canada Pension Plan Investment Board Signs Agreement to Invest Approximately EUR376 Million in European Car Park Operator, Interparking |
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Jul 19
2014 |
Canada Pension Plan Investment Board Signs Agreement to Invest Approximately EUR376 Million in European Car Park Operator, Interparking |
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TORONTO, ONTARIO--(Marketwired - July 18, 2014) - Canada Pension Plan Investment Board (CPPIB) announced today that its wholly-owned subsidiary, CPP Investment Board European Holdings S.àr.l (CPPIBEH), has signed an agreement to invest approximately EUR376 million for a 39% stake in Interparking, one of Europe's largest car park management companies. CPPIBEH will acquire the stake from AG Real Estate (AGRE), taking AGRE's holdings to 51%. PARKIMO, an existing shareholder, will maintain its 10% holding in the company. |
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| Source:http://www.marketwired.com/mw/release.do?id=1931070&sourceType=3 |
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