NewsPrivate Equity22/12/2017
Canadian Institutional Investors CDPQ and PSP Investments Sign an Agreement with Management and Ardian to Acquire Significant Minority Stakes in Industrial Engineering Group Fives
Public Sector Pension Investment Board →PSP and CDPQ agreed to acquire significant minority interests in Fives alongside management and Ardian. Management would retain control. The announced transaction was subject to regulatory approval and did not disclose investment amounts.