Quebec's giant C$125bn (US$81bn) pension fund, Caisse de depot et placement (CDP), is part of a group financing Canadian home improvement outfit Rona's takeover of Revy Home Centres.
To finance the acquisition, Rona will issue C$60m (£27.2m) of equity and C$40m (£18m) in non-convertable debentures to its investors. CDP, as one of Rona’s backers, will invest a total of C$41.7m (...
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