Topic: La Caisse
TELUS partners with La Caisse to acquire Canada’s Terrion
TELUS Corporation ('TELUS') has entered into a definitive agreement with La Caisse, a global investment group and Canada's second-largest pension fund, who will acquire a 49.9% equity interest in each of Terrion LP ('Terrion') and its general partner, Terrion GP Inc., for approximately $1.26 billion. Terrion, a newly created tower operator headquartered in Montreal, will hold passive macro wireless infrastructure assets, commonly known as cell towers, that TELUS is carving out of its business.
