OTPP swaps Syndey Airport for European opportunities

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CANADA/AUSTRALIA/EUROPE - The Ontario Teachers' Pension Plan has struck a deal with MAp Airports to exchange its interest in Sydney Airport and a cash payment for MAp's interests in Brussels Airport and Copenhagen Airport.

The transaction will result in Teachers' Infrastructure Group adding a 39% holding in Brussels Airport and 30% in Copenhagen Airport to its existing airport holding. MAp will receive Teachers' 11% ...

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