Caisse de dépôt et placement du Québec (CDPQ) proposes to acquire a 40 percent stake, for $476 million in cash, in CLP India Private Ltd, an Indian power generation affiliate of Hong Kong-based CLP Holdings Ltd. CDPQ invests in companies and assets in all investment categories. Completion of the transaction is subject to the...
Trudeau Announces $1 Billion in Bilateral Investment with India
During his week-long visit to India in February, Canadian Prime Minister Justin Trudeau met six of the country’s most influential business people, making deals that he said will create more than 5,800 new jobs in Canada. Some of India’s biggest companies have said that they will invest more than $250...
Canadian Investments Surge in India
Canadian institutional money is pouring into India. One of our earlier blogs talks about Toronto-based Brookfield acquiring the telecom towers of India's Reliance Communications. The Brookfield-Reliance Infratel transaction worth $1.6 billion is the second-biggest private equity transaction ever in the country. Last October, in one of India's largest deals in...