Deals
AGF, Tanenbaum Group to Buy Toronto Island Airport Terminal
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AGF Management Ltd. and billionaire investor Larry Tanenbaum are part of an investment group that agreed to buy Toronto Island’s Billy Bishop airport terminal from Porter Aviation Holdings Inc.
The terms of the deal weren’t disclosed, according to a statement today from the buyers, known as Nieuport Aviation Infrastructure Partners GP. People familiar with the matter said this month the sale of the terminal was expected to raise more than C$750 million ($605 million).