IFM Investors has agreed to acquire the 63.9% of Associated British Ports (ABP) held by CPP Investments and OMERS, giving a fund managed by IFM control of the UK's largest ports group.CPP Investments is selling its 33.9% stake and OMERS its 30% holding. Singapore's GIC will retain 20%, while Kuwait...
IFM Investors has agreed to acquire the 63.9% of Associated British Ports (ABP) held by CPP Investments and OMERS, giving a fund managed by IFM control of the UK's largest ports group.CPP Investments is selling its 33.9% stake and OMERS its 30% holding. Singapore's GIC will retain 20%, while Kuwait...