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Omers Takes Stake In Texas Pipeline, Psp Completes Student Housing Partnership Deal

by benefitscanada.com posted 10months ago 45 views
The Ontario Municipal Employees Retirement System’s infrastructure arm is taking on a 50 per cent stake in the BridgeTex Pipeline Co. for $1.438 billion. With the purchase, OMERS will be the largest shareholder of the company, which owns the BridgeTex pipeline and transports crude oil from Colorado City, Texas to refineries in Houston. “OMERS’ investment in BridgeTex is consistent with ...

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