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Ontario Teachers fund considers Northumbrian Water takeover

2 Feb 2010

The Ontario Teachers Pension Plan (OTPP) is considering a takeover of the Northumbrian Water company, according to reports. The fund, which is said to have a 27 per cent share of the company, is considering buying the business and taking it private. The deal could fetch an estimated £1.7bn (€1.9bn).

 

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