Canadian pension funds set up Mexican infrastructure partnership

jueves 9 de junio de 2016 09:50 GYT

TORONTO, June 9 (Reuters) - Tycoon Carlos Slim's building arm Ideal has tied up with two Canadian pension funds to invest in infrastructure assets in Mexico, the companies said in a joint statement on Thursday.

Ideal will hold a 51 percent stake in the partnership, which is called "Newco", while Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan, have committed C$1.35 billion ($1.06 billion). ($1 = 1.2756 Canadian dollars) (Reporting by Matt Scuffham and Simon Gardner Editing by W Simon)