Future Fund drops negotiations on Transurban

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AUSTRALIA/CANADA - Australian pension reserve fund Future Fund has terminated discussions with the Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan (OTPP) regarding their proposal to acquire Transurban Group.

On December 10, the Future Fund confirmed it was in preliminary discussion with CPPIB and OTPP to support the proposal by the two pension funds to acquire toll road owner and operator Transurban Gr...

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