Quantcast
Channel: Financial – Rapid Mobile
Viewing all articles
Browse latest Browse all 185

AIMCo would consider BlackBerry Investment if they went private

$
0
0
Alberta Investment Management Corporation

Alberta Investment Management Corporation (AIMCo) would consider an investment in BlackBerry if they went private.

“It’s early days,” AIMCo Chief Executive Officer Leo De Bever said today in a telephone interview.

“No one has approached us with anything that is baked.”

Alberta Investment Management Corporation (AIMCo) is one of Canada’s largest and most diversified institutional investment fund managers, with an investment portfolio of approximately $70 billion. Headquartered in Edmonton, Alberta, AIMCo manages the assets of 26 clients, a diverse set of public sector pensions, endowments and government funds.

If BlackBerry went private and AIMCo was approached by a lead investor, the firm would consider it, he said.

The fund manager had assets of C$68.6 billion ($66.6 billion) at the end of last year.

Mark Wiseman, CEO of Canada Pension Plan Investment Board, the second-largest pension fund manager in the country, has said in an interview he would weigh an investment in BlackBerry should the company decide to go private.

Did you enjoy this article? If so, we’d love to hear your thoughts on the Forums or on our Facebook page. Get more articles instantly on your BlackBerry smartphone with our Free BlackBerry 10 App.

Via


The article AIMCo would consider BlackBerry Investment if they went private appeared first on RAPIDBERRY.NET


Viewing all articles
Browse latest Browse all 185

Trending Articles