Caisse made 15% gain on sale of part of BAA stake
13.05.08
Canadian pension fund Caisse de dépôt et placement du Québec earned a return of 15% last year by selling 20% of its stake in BAA, according to press reports this morning.
The sale in July was governed by a confidentiality agreement until recently, Montreal-based Caisse said in a statement. The identity of the buyer will not be disclosed because the transaction is private, Caisse spokesman Gilles des Roberts said in a telephone interview.
Add to: del.icio.us | Digg it | Newsvine | NowPublic | Reddit
