Cable & Telecom

CDPQ invests in UK mobile telcos

MONTREAL - La Caisse de dépôt et placement du Québec (CDPQ) and the Canada Pension Plan Investment Board are among a group of international institutional investors acquiring 33% of combined Three UK and O2 UK for a total consideration of £3.1 Billion.The other investors are GIC of Singapore, Limpart Holdings Limited, a wholly owned subsidiary of the Abu Dhabi Investment Authority, and BTG Pactual of Brazil.  The investments are conditional on and will occur concurrently with completion by Three of the acquisition of O2 UK from Telefonica and its combination with Three's businesses, which is in turn subject to EU...