CPPIB acquires 8% stake in logistics firm Delhivery
Canada’s largest pension fund manager bought the stake at a valuation of around $1.5 bn
CPPIB invests in Delhivery through Fundamental Equities Asia Group
NEW DELHI : Canada Pension Plan Investment Board (CPPIB) has bought an 8% stake in logistics company Delhivery Pvt. Ltd for $115 million from an existing investor, the company said on Monday. The name of the seller was, however, not disclosed.