CPPIB Joins BidCo To Acquire NetCo
Posted on 03/20/2024
Canada Pension Plan Investment Board (CPPIB) through CPP Investments, its infrastructure investor, entered into an agreement to join Optics BidCo, which is acquiring NetCo. NetCo is an Italian telecom. CPPIB will acquire a 17.5% interest in NetCo for up to €2 billion, with the entity being valued at €18.8 billion. The investor group is led…
