CPPIB Explores Selling its Stake in Interparking

Posted on 09/26/2019

The Canada Pension Plan Investment Board (CPPIB) is exploring a sale of its 39% ownership stake in European car park manager Interparking SA. CPPIB hired Citi to assist in the sales process. In 2014, CPPIB bought its stake in Brussels-based Interparking from AG Real Estate, a wholly-owned subsidiary of AG Insurance.

Keywords: Citigroup.