Canada Pension Plan picks up 17.5% stake in TIM's network for $2b

Canada Pension Plan picks up 17.5% stake in TIM's network for $2b

Canada Pension Plan Investments (CPP) will acquire a 17.5% stake in the fixed-line network of Telecom Italia (TIM) for up to 2 billion euros ($2.19 billion), the group said on Friday.