business / news / / Bloomberg.com
Canada Pension Plan Investment Board has halted a process to sell fund stakes.
Canada Pension Plan Investment Board halted a planned $1.5 billion private equity fund stake sale.
KEY POINTS
- Caisse de Depot et Placement du Quebec suspended a $1.5 billion sale of Chinese private equity assets.
- Both Canadian pension funds shelved sales after valuations failed to meet their expectations.
- The suspended transactions were initiated earlier this year and in February, respectively.
COMPANIES
Summarized by Newsio from Bloomberg.com. How we summarize →