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CPP Investments upps stake in Spanish firm for $1.6 billion

CPP Investments upps stake in Spanish firm

Oct 10, 2025
Oct 10, 2025 Updated Oct 10, 2025

CPP Investments earned 7.8% for fiscal 2026, net assets total $793.3 billion — Signage is seen in the reception of CPP Investments' Toronto offices, on Thursday, September 21, 2023. THE CANADIAN PRESS/Chris Young
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Signage is seen in the reception of CPP Investments' Toronto offices, on Thursday, September 21, 2023. THE CANADIAN PRESS/Chris Young
CHY

TORONTO - The Canada Pension Plan Investment Board says it's paying $1.6 billion to boost its stake in a Spanish-based environmental services company.

The pension fund manager says the investment will increase its holdings by 25 per cent in FCC Servicios Medio Ambiente Holding, S.A.U. to leave it with 49.99 per cent ownership of the division.

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