Ontario Teachers’ Pension Prepares to Sell Stake in Oil Producer Aspenleaf
Jo Taylor, chief executive officer of Ontario Teachers' Pension Plan, during a Bloomberg Television interview in January
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
Ontario Teachers’ Pension Plan is in talks to sell its stake in Canadian oil and gas producer Aspenleaf Energy Ltd., according to people familiar with the matter.
The pension fund’s stake is worth around $200 million, with the entire company valued at about $800 million, said the people, who asked to not be identified because the details are private. A sale might close as early as May, they said.