OTPP looks to oil and gas

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CANADA - The Ontario Teachers' Pension Plan Board (OTPP) has submitted a bid for a C$84m (US$84m) stake in oil and gas company NuVista Energy.

OTPP would take six million units of the Canadian firm at C$14 per unit to be made in connection with the merger of NuVista and another oil and gas company, Rider Resources. The C$106bn fund cur...

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