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Ontario Teachers’ Not in Talks to Sell Stake in Maple Leaf

Dec. 3 (Bloomberg) -- The Ontario Teachers’ Pension Plan said it has never received an offer for the company that owns the Toronto Maple Leafs hockey team and the Raptors basketball club and is not keen to sell it.

“We are not now, nor have we ever been anxious to sell our investment in” Maple Leaf Sports & Entertainment Ltd., Chief Executive Officer Jim Leech said in an e-mailed statement today. He added that the pension fund manager is not now in negotiations to sell its majority stake in the company.

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To contact the editor responsible for this story: David Scanlan at dscanlan@bloomberg.net

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