CPPIB buys Livingston International Income Fund

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CANADA - The Canada Pension Plan Investment Board has partnered with Sterling Partners to acquire the Livingston International Income Fund for C$8 (US$7.65) per unit, Livingston said.

Livingston holds the securities of Livingston International, a provider of customs, transportation and integrated logistics services. The sale represents a 29% premium on the average price of the u...

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