Deals
Canada Pension Considers Joining Bid for BlackBerry
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Canada Pension Plan Investment Board would consider joining a bid for BlackBerry Ltd., though the country’s biggest pension fund says it’s not compelled to rescue the struggling Canadian smartphone maker.
“Given that BlackBerry is clearly for sale or looking for strategic solutions, it would be fair to assume that we would analyze that and try and make a determination as to whether it makes sense on a risk-adjusted basis for us to participate in a financial bid,” Mark Wiseman, chief executive officer of the Toronto-based fund, said in an interview today.