Michel Leduc Passes | Standardbred Canada standardbredcanada.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardbredcanada.ca Daily Mail and Mail on Sunday newspapers.
Publishing date: Dec 31, 2020 • December 31, 2020 • 6 minute read • The SolarWinds logo is seen outside its headquarters in Austin, Texas. The largest shareholders in SolarWinds agreed to sell CPPIB a 5 per cent stake for US$315 million on Dec. 7, just days before tech company s public disclosure of the hack crushed its stock price more than 20 per cent. Photo by Reuters/Sergio Flores/File Photo
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For decades, Canada built a reputation as a savvy investor of its public pension plans, deploying billions of dollars to acquire lucrative stakes in tech start-ups, media giants and retailers.
This month, the country’s largest pension fund lost US$100 million on a single deal after the ink had barely dried.
Canada Pension Plan Investment Board s purchase of SolarWinds stock likely to fall under scrutiny washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
CPPIB agrees to stake in SolarWinds days before firm discloses major hack theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.