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Canada Pension Plan to buy Antares Capital from GE for $12 Billion
Canada Pension Plan Investment Board says it has a $12-billion deal to acquire the Antares Capital lending operation from the financial arm of General Electric.
CPP Investment Board CEO Mark Wiseman says the acquisition of Chicago-based Antares Capital will give the Canadian retirement fund manager a significant presence in part of the U.S. lending sector that has potential for long-term growth.
http://www.ctvnews.ca/business/cpp-investment-board-strikes-12-billion-deal-to-buy-antares-1.2413600
