CPP Investments to invest C$625m in V.Tal.

Canada Pension Plan Investment Board, a global investment management organization, agreed to invest C$625m ($468m) in V.Tal, a neutral fiber-to-the-home network provider in Brazil. V.Tal currently accounts for about 14% of Brazil’s fiber network and reaches nearly 20m households across the country. The company intends to continue expanding its footprint in Brazil, a market with substantial unmet demand for high-speed connectivity.