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Global pension fund snaps up telco stake

The Ontario Teachers' Pension Plan Board will acquire a 70% interest in Spark New Zealand's mobile towers business TowerCo for $1.18 billion.

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Read more: Spark New ZealandBrookfield Asset ManagementBruce CraneJodie HodsonNextEra Energy ResourcesOntario Teachers'Ontario Teachers' Pension PlanSpark Infrastructure