On the morning of 13 May, SB Energy’s chief executive officer (CEO) Raman Nanda was busy assuaging the many concerns of the firm’s employees. The company’s rank and file were a bit shaken. Just the previous day, after months of negotiations, the Canada Pension Plan Investment Board (CPPIB) had announced that it was dropping its plan to buy Japanese investment giant SoftBank Group Corp.’s 80% stake in SB Energy.
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