Ontario Teachers get NZ telecoms

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CANADA/NZ - The C$99bn (US$85bn) Ontario Teachers' Pension Plan has bought Telecom New Zealand's Yellow Pages Group for NZ$2.24m (US$1.6bn).

The telecom company reported that deal with the consortium of CCMP Capital and the private equity arm of the pension fund and Teachers’ Private Capital would be finalised by the end of April, subje...

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