CDPQ buys minority stake in TVS Logistics for ₹1k cr
Canada’s second largest pension fund CDPQ on Wednesday agreed to invest ₹1,000 crore ($155 million) to buy a minority stake in TVS Logistics Services. CDPQ will purchase most of the shares owned by Goldman Sachs, KKR, and TVS family members while the management will purchase the rest, the company said. However, TVS didn’t disclose the size of the stake.