US EditionCPP Investments selling stake in Goodman logistics partnership
- Canada Pension Plan Investment Board is selling its stake in a logistics investment partnership with Australia's Goodman Group.
- CPP Investments will realize about US$2.2 billion in net proceeds from its investment in Goodman North American Partnership.
- The partnership was established in 2012 to invest in logistics and industrial property in North America.
- Max Biagosch stated that the sale allows CPP Investments to lock in strong returns and redeploy capital.
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Mirae Asset acquires 20% stake in Essex Solutions
A consortium including Mirae Asset Global Investments made a 2.9 trillion won ($1.9 billion) equity investment in Essex Solutions, a global supplier of magnet wire for the automotive and energy industries, the Korean financial services provider said, Sunday. Essex Solutions is a U.S. subsidiary of LS Group.
·Korea, Republic of
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