Canadian Pension Funds Buy Chicago's Toll Road for $2.8B

Updated on
  • CPPIB, Ontario Teachers', and OMERS will each own a third
  • Partners to contribute $512 million each for toll road

Canadian Pensions Buy Chicago Skyway for $2.8B

Three of Canada’s largest pension plans have agreed to buy Chicago toll-road operator Skyway Concession Co. for $2.8 billion from a group led by Spain’s Ferrovial SA.

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