CPPIB, Goodman commit $1.7b to China logistics partnership
Canada Pension Plan Investment Board (CPPIB) and logistics operator Goodman Group have jointly committed $1.7 billion to an existing logistics partnership in China.
Consistent with the partnership’s equity structure, the investment was made on an 80:20 basis, with CPPIB allocating $1.4 billion and Goodman contributing $350 million. It brings their total combined...
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