When a losing bidder becomes the winner
Date: April 1, 2009
by BOYD ERMAN
It’s payback time for the Canada Pension Plan Investment Board. The past couple of years haven’t been much fun for the giant money manager, which has sent deal makers around the world to hunt for ports, airports, toll roads and other infrastructure assets, only to be outbid by rivals riding high on waves of cheap debt.
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Source: TD Waterhouse
