CANADA - The shareholders of the Macquarie Communications Infrastructure Group (MCG) have ratified the acquisition offer made by the Canada Pension Plan Investment Board (CPPIB) in March.
CPPIB Private Investments senior vice-president Mark Wiseman said: "This transaction enables us to expand our infrastructure portfolio with the acquisition of a diversified group of high-quality infrastructure assets that we believe will deliver stable cash flows to the CPP Fund for many years to come."
The transaction, proposed to be implemented via inter-conditional schemes of arrangement, is still subject to formal court approval in Bermuda and Australia on July 2 and July 3 respectively.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.