OMERS expands ownership in takeover target Teranet

The move follows Teranet’s rejection of the pension fund’s hostile bid to acquire the company for C$11 per share. The offer, made three weeks ago by an affiliate of the fund’s infrastructure arm, Borealis Infrastructure, valued the Toronto-listed income fund at C$2bn.

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.

Share this