CPPIB Inks Deal to Buy Stake in Glencore Ag Unit
Posted on 04/06/2016
The Canada Pension Plan Investment Board (CPPIB) announced that one of its wholly owned subsidiaries has entered into an agreement to purchase 40% of Glencore Agricultural Products (Glencore Agri) from Glencore plc for US$ 2.5 billion payable in cash upon closing. The transaction values 100% of the equity in Glencore Agri at US$ 6.25 billion. […]
