OTPP splashes out on Chilean firm

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CANADA - The Ontario Teachers' Pension Plan (OTPP) has completed a deal to buy 50.8% of a Chilean water company for C$356.5m (US$340m).

The $106bn giant acquired the majority stake in Empresa de Servicios Sanitarios del Bio-Bio S.A. (ESSBIO), which is the second largest water and waste water services company in Chile. Following th...

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