CPPIB Inks Deal to Buy Stake in Glencore Ag Unit
The Canada Pension Plan Investment Board (CPPIB) announced that one of its wholly owned subsidiaries has entered into an agreement to purchase 40% of Glencore Agricultural Products (Glencore Agri) from Glencore plc for US$ 2.5 billion payable in cash upon closing. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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