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Canada Pension Plan May Bid for Wellcome Private-Equity Assets

Date: November 19, 2008

Nov. 14 (Bloomberg) — Canada Pension Plan Investment Board may bid for private-equity assets including those owned by U.K.’s Wellcome Trust Ltd. to take advantage of depressed prices, Chief Executive Officer David Denison said.

“We are absolutely interested” in the Wellcome Trust assets, Denison said Nov. 12 in a telephone interview. “We will look at those ones and any others that we think are potentially attractive.”

Click here to read the full article in Bloomberg.

Source: Bloomberg

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