MCG shareholders approve CPP offer

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CANADA - The shareholders of the Macquarie Communications Infrastructure Group (MCG) have ratified the acquisition offer made by the Canada Pension Plan Investment Board (CPPIB) in March.

The total value of the deal is A$2.2bn (US$1.8bn), which includes an equity value of A$1.64bn and debt repayments. CPPIB Private Investments senior vice-president Mark Wiseman said: "This transa...

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