Friday 24 March 2017

Canada just bought half of Puerto Rico’s main airport

Canada just bought half of Puerto Rico’s main airport

Canada’s army is getting ready to invade Puerto Rico’s airport. The pension fund for the Canadian armed forces has won an auction to buy 50 percent of the company that operates Puerto Rico’s main airport in San Juan, The Post has learned. Canada’s Public Sector Pension Investment Board has acquired the airport stake from Oaktree Capital, the hedge fund run by billionaire Howard Marks, who has managed the investment amid a financial crisis that has crippled the Caribbean island’s economy, sources said.
Read more: http://nypost.com/2017/03/22/canada-just-bought-half-of-puerto-ricos-main-airport/?source=Snapzu

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