August 2, 2017 / 8:11 PM / 4 months ago

CPPIB takes 8 pct stake in talent management co WME/IMG

Aug 2 (Reuters) - Canada Pension Plan Investment Board (CPPIB), Canada’s largest pension fund manager, said on Wednesday it would invest about $400 million for an 8 percent stake in talent management agency WME/IMG.

The agency operates hundreds of events, including the Miami Open tennis tournament and New York Fashion Week. (Reporting by John Benny in Bengaluru; Editing by Anil D‘Silva)

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