Cheung Kong Property Acquires Reliance Home Comfort

Billionaire Li Ka-Shing, through his company Cheung Kong Property Holdings Ltd., is boosting investments in Canada. The Li family trust is the biggest shareholder in Cheung Kong Property Holdings, which through a subsidiary called CKP (Canada) Holdings Ltd. acquired Reliance Home Comfort L.P. from Alinda Capital Partners LLC for C$ 2.82 billion (US$ 2.1 billion). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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