OTPP acquires extra stake of Bristol airport

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CANADA - The C$87.4bn (US$81.8bn) Ontario Teachers Pension Plan (OTPP) will acquire an additional 35.5% stake in UK-based Bristol International Airport (BIA) in a deal with Macquarie Airports.

OTPP currently holds 14.5% of BIA, which it originally acquired in 2002. The additional stake will bring its holding to 50%. The other half will continue to be owned by Macquarie European Infrastru...

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