Canada's CPPIB acquires minority stake in France's Orpea
December 11, 2013 at 19:50 PM EST
TORONTO, Dec 11 (Reuters) - Canada Pension Plan Investment Board (CPPIB) said on Tuesday it has invested 320.8 million euro ($442.4 million) to acquire a 15 percent stake in nursing home operator Orpea as it bets on the French company's growth prospects in Europe and overseas.