Dairy Holdings stake too good to miss, says Canada's PSP

Thu, 09 Jul 2020

Canada’s Public Sector Pension Investment Board has been redirecting its primary sector investment into Australia in recent years, but buying into Fonterra's biggest shareholder, Dairy Holdings, was too good an opportunity to miss. “Dairy Holdings Limited is a household name in the New Zealand dairy industry and their reputation as a top-tier operator with exceptional scale precedes them,” a PSP Investments spokesperson told BusinessDesk. PSP Investments has C$168 billion of net assets under management and invests funds for the pension pl...

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