Canada's CPPIB to buy 16% in Indian infra trust IndInfravit for $136m

Canada's CPPIB to buy 16% in Indian infra trust IndInfravit for $136m

Photo: Reuters

Canada’s largest pension fund, Canada Pension Plan Investment Board (CPP Investments) on Thursday said it is acquiring an additional 15.9% of the total units in IndInfravit Trust, an infrastructure trust (InvIT), for 1,005 crore ($136 million), the pension fund said in a statement.