IFM-managed fund agrees to acquire majority stake in Associated British Ports

A fund managed by IFM Investors has agreed to acquire a 63.9% stake in Associated British Ports (ABP), one of the United Kingdom's largest port operators. The agreement involves the acquisition of the entire shareholdings held by Canada Pension Plan Investment Board (CPP Investments) and OMERS. CPP Investments will sell its 33.9% interest, while OMERS […] The post IFM-managed fund agrees to acquir…