Ivanhoé Cambridge, the global real estate firm, and CDC Habitat, a major player in the French housing market, have signed a strategic partnership to develop a portfolio of new residential housing in France, relying on the conversion of land of large-scale operations.
Nouveau Centre, the experiential destination in the heart of downtown, will close out an exciting summer season during which Ivanhoé Cambridge’s flagship properties will have offered the public memorable moments.
CDPQ today presented an update of its results as at June30,2022. In the worst six-month period of the last 50years for stock and bond markets, CDPQ generated an average return of -7.9%, significantly above its benchmark portfolio’s return of -10.5%. Over five and ten years, annualized returns were 6.1% and 8.3% respectively, also outpacing benchmark portfolio returns. Net assets were $392billion.
CleverTap, a leading global B2B SaaS platform for customer engagement and retention today announced it has signed definitive agreements to raise US$105M in a SeriesD funding round led by CDPQ, a global investment group who committed US$75M, with participation from IIFL AMC’s Tech Fund, along with existing investors Tiger Global and Sequoia India.
WSP Global Inc. (TSX:WSP) (“WSP” or the “Corporation”) is pleased to note that earlier today it announced that it has reached an agreement with RPS Group plc (“RPS”) on the terms of a cash acquisition pursuant to which a wholly-owned subsidiary of WSP will acquire the entire issued and to be issued share capital of RPS for £2.06 per share in cash (the “Acquisition”).
CGI (TSX: GIB.A) (NYSE: GIB) announced today that it intends to enter into a private agreement with CDPQ for the purchase for cancellation of 938,914 of its Class A subordinate voting shares (“Class A Shares”) held by CDPQ for a price of $106.51 per ClassA Share, which represents a discount to the closing price on July29, 2022 of the Class A Shares on the Toronto Stock Exchange (“TSX”).
Following a competitive auction process, Akiem shareholders have agreed to enter into exclusive negotiations with CDPQ on the proposed sale of Akiem, a leading provider of freight locomotive leasing services in France andEurope.