Canadian pension fund takes stake in MotoGP group Dorna

Fri Oct 26, 2012 6:26am EDT
 
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LONDON Oct 26 (Reuters) - Leading Canadian pensions group Canada Pension Plan Investment Board (CPPIB) said it has agreed to buy a large stake in motorcyle racing group Dorna from private equity firm Bridgepoint.

CPPIB said on Friday it would take a 39 percent stake in the business that has the rights to organise MotoGP events for an undisclosed sum.