USS teams up with Canadian and Dutch schemes to buy infrastructure firm

Stephanie Baxter
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Universities Superannuation Scheme (USS), Canadian OPSEU Pension Trust (OPTrust) and Dutch PGGM, have agreed to buy 100% shares in a Spanish infrastructure company for up to €420m (£300m).

The three pension funds will acquire the shares in Globalvia Infraestructuras (GVI) from construction firm Fomento de Construcciones y Contratas (FCC) and investment bank Bankia. There will be a...

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