OTPP Sells Majority Position in Global Container Terminals

Posted on 06/08/2018


On June 7, 2018, it was revealed that Ontario Teachers’ Pension Plan (OTPP) sold stakes in GCT Global Container Terminals Inc (GCT) to IFM Investors and British Columbia Investment Management Corporation (bcIMC). Post-deal, IFM Investors will own 37.5% of GCT, while bcIMC will own 25% of GCT. OTPP will still hold a 37.5% stake in […]