Canada Pension Plan Investments (CPP), a globally invested pension fund for c 20m Canadians, has invested $100m in Hutchison China MediTech (ChiMed) via a private placement. CPP takes a long-term and strategic investment view, seeking to identify the future industry leaders in high growth sectors and supporting them in their development plans.
17 Nov 2020
Canada Pension Plan invests $100m at $30 per ADS
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Canada Pension Plan invests $100m at $30 per ADS
HUTCHMED (China) Limited (HCM:LON) | 267 -2.7 (-0.4%) | Mkt Cap: 2,326m
- Published:
17 Nov 2020 -
Author:
Franc Gregori | Lala Gregorek -
Pages:
2
Canada Pension Plan Investments (CPP), a globally invested pension fund for c 20m Canadians, has invested $100m in Hutchison China MediTech (ChiMed) via a private placement. CPP takes a long-term and strategic investment view, seeking to identify the future industry leaders in high growth sectors and supporting them in their development plans.