Air Canada Announces $2.5 Billion Minority Equity Investment in Aeroplan Led by Blackstone and La Caisse

Blackstone and La Caisse are leading a $2.5 billion, 25% minority equity investment in Aeroplan, valuing the program at $10 billion Investor group also includes PSP Investments and British Columbia Investment Management Corporation Air Canada retains full control over Aeroplan’s strategy, operations and day-to-day management through its controlling interest Aeroplan Members, partners and…

financialpost.com ·57m ago

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