UPDATE 1-Canada's CPPIB to buy GE private equity lending arm for $12 bln
June 09, 2015 at 07:59 AM EDT
TORONTO, June 9 (Reuters) - Canada Pension Plan Investment Board (CPPIB) said on Tuesday it has agreed to buy GE Capital's private equity lending portfolio for $12 billion, in a deal that will greatly expand the largest Canadian pension fund's lending business.