Canadian pension fund CPPIB confirms 45% stake buy in Indonesian toll road firm

Canadian pension fund CPPIB confirms 45% stake buy in Indonesian toll road firm

Jakarta, Indonesia. Photo: Arga Aditya/unsplash

Canada Pension Plan Investment Board (CPPIB) on Thursday announced its first infrastructure investment in Indonesia with the purchase of a 45 per cent stake in toll road operator PT Lintas Marga Sedaya (LMS).

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