Three additional pension funds are ready to support the Canadian-led consortium’s bid for BCE, according to a report.
The Globe and Mail reports that the Ontario Municipal Employees Retirement Board, B.C. Investment Management Corp. and Alberta Investment Management have expressed interest in joining the consortium that is in discussions to buy the telecom firm.
, that consortium—which includes the Canada Pension Plan Investment Board, the Caisse de dépôt et placement du Québec, the Public Sector Pension Investment Board, Kohlberg Kravis Roberts & Co.—announced it was in non-exclusive talks to acquire BCE.
The Ontario Teachers’ Pension Plan also said last week that it was considering making an offer for BCE.
But the report says Teachers’ has not been able to sign up any Canadian financing partners and is reconsidering its options.
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