A consortium that includes Borealis Infrastructure has walked away from a bid to purchase Severn Trent, a water utility in the United Kingdom.
The CPP Investment Board and Oxford Properties Group, the real estate division of OMERS, will each expand their retail joint venture by buying half of a mall that the other partner owns.
OMERS Private Equity and Alberta Investment Management Corporation are teaming up to acquire Vue Entertainment for $1.48 billion.
A consortium that includes Borealis Infrastructure has increased its offer to buy Severn Trent, the second-largest publicly traded water company in the United Kingdom to £5.3 billion ($8.4 billion).
Canada's 10 largest public pension funds contribute significantly to national prosperity and also provide Canadians with one of the strongest retirement income systems in the world, a Boston Consulting Group (BCG) study concludes.
OMERS Ventures, the venture capital investment arm of OMERS, has announced that Kevin Kimsa is joining its team as venture partner.
OMERS unit Oxford Properties has established a joint venture with the Crown Estate, which manages the Queen’s real estate holdings, to purchase a 50% stake in a £320-million commercial development in Central London.
Borealis Infrastructure, the infrastructure investment arm of OMERS, has completed the previously announced sale of its 33% interest in Express-Platte Pipeline System to Spectra Energy Corp. for approximately USD$430 million.
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Any pooling of Ontario public sector pension assets must be carried out in a carefully planned manner if members are to realize benefits from such an arrangement, according to a statement from the College and University Retiree Associations of Canada/Associations de retraités des universités et collèges du Canada [CURAC/ARUCC].