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Announced

OMERS to acquire a 5% indirect stake in Maple Leaf Sports & Entertainment for $400m.

Synopsis

OMERS, a Canadian public pension fund, agreed to acquire a 5% indirect stake in Maple Leaf Sports & Entertainment, a professional sports and commercial real estate company, for $400m. “This is an exciting and unique opportunity for OMERS members in Ontario communities to be connected to these iconic sports teams in their own backyard. As an investor on their behalf, we actively seek out investment opportunities of the highest quality, that are fortified by trusted partnerships and that offer the potential of significant long-term upside. This one happens to be here in Canada and Ontario which is also really important, and meaningful to OMERS,” Blake Hutcheson, OMERS President and CEO.

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