{"id":20180,"date":"2020-11-10T15:00:58","date_gmt":"2020-11-10T20:00:58","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/cppib-tpg-capital-boosting-investment-in-cruise-company-152369"},"modified":"2020-11-10T15:00:58","modified_gmt":"2020-11-10T20:00:58","slug":"cppib-tpg-capital-boosting-investment-in-cruise-company","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/11\/10\/cppib-tpg-capital-boosting-investment-in-cruise-company\/","title":{"rendered":"CPPIB, TPG Capital boosting investment in cruise company"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"350\" height=\"263\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2020\/11\/Viking_Expedition_The_Bow_RND-1-350x263.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"CPPIB, TPG Capital boosting investment in cruise company\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff<\/span>&nbsp;|&nbsp;November 10, 2020 <\/p>\n<p>The Canada Pension Plan Investment Board and TPG Capital are&nbsp;increasing their investment in Viking Holdings Ltd.<\/p>\n<p>The CPPIB and the private equity platform were <a href=\"https:\/\/www.benefitscanada.com\/news\/cppib-invests-in-cruise-operator-87453\">already minority stakeholders<\/a> in&nbsp;the parent company of Viking Cruises.&nbsp;The additional investment means about US$500 million of net proceeds will be available&nbsp;to support Viking Cruises continued development.&nbsp;<\/p>\n<p><strong>Read: <a href=\"https:\/\/www.benefitscanada.com\/news\/cppib-invests-in-cruise-operator-87453\">CPPIB invests in cruise operator<\/a><\/strong><\/p>\n<p>\u201cWhile the pandemic has posed many challenges, we have strong conviction that Viking\u2019s unique global offering in the cruise industry will continue to be sought out by many guests well into the future,\u201d&nbsp;said&nbsp;<span class=\"xn-person\">Bill MacKenzie<\/span>, managing director and head of active fundamental equities for the CPPIB, in a press release.<\/p>\n<p>\u201cCPP Investments, alongside TPG, is looking forward to supporting Viking and its management team as they return to delivering high-quality, comfortable journeys around the world and build long-term value in the business in the time to come.\u201d<\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/cppib-tpg-capital-boosting-investment-in-cruise-company-152369\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;November 10, 2020 The Canada Pension Plan Investment Board and TPG Capital are&nbsp;increasing their investment in Viking Holdings Ltd. The CPPIB and the private equity platform were already minority stakeholders in&nbsp;the parent company of&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20180"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20180"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20180\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}