SWFI First Read, December 15, 2016
Temasek Exits from CITIC Resources
On December 9, 2016, Singapore’s Temasek Holdings sold 786,558,488 shares of CITIC Resources Holdings Ltd. at an average consideration of 1.235 HKD per share. Temasek had sold its whole 10.01% stake in CITIC Resources.
Ontario Teachers’ and OMERS Explore Selling Stake in HS1
Borealis Infrastructure, the infrastructure unit of Ontario Municipal Employees’ Retirement System (OMERS) , and the Ontario Teachers’ Pension Plan (OTPP), embarked on a strategic review of its ownership in HS1, a high speed rail line in the United Kingdom. OTPP and Borealis have owned the 30-year concession on HS1 since October 2010.
CDP Names Andrea Sironi to Board of Directors
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