Ontario Teachers’ Pension Plan has completed the acquisition of SeaCube Container Leasing Ltd.
Ontario Teachers’ Pension Plan has completed the acquisition of SeaCube Container Leasing Ltd.
The US$1.8-billion deal (including debt) was approved by SeaCube’s shareholders at a special meeting on Tuesday.
The Park Ridge, N.J.-based company is one of the world’s largest container leasing firms.
Teachers’ plans to operate SeaCube as a stand-alone business and keep the current management team in place.
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