Did CPPIB meet the benchmark in $140-mn harvest from twin India exit moves?
Wed, Jul 10, 2024 8:38 PM

Did CPPIB meet the benchmark in $140-mn harvest from twin India exit moves?

A Flip by Shubhangi Gupta
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Canada Pension Plan Investment Board (CPPIB) sold shares in two Indian listed companies, generating around ₹1,166 crore ($140 million), capitalizing on the stock market upsurge to monetize its Indian investments. This move allows CPPIB to realize gains on its existing holdings, likely reinvesting the proceeds in new opportunities.

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