"After careful consideration and deliberation of strategic alternatives, our Board of Directors unanimously concluded that the sale of Informatica to the Permira funds and CPPIB is in the best interest of all Informatica stakeholders," said Sohaib Abbasi, chairman and chief executive officer, Informatica, said in a statement.
At the end of the day, it isn't so much about how much money the CPPIB has in Tahoe resources Moore admits that a CPPIB divestment wouldn't have that big an impact on Tahoe's cash flow but about sending a clear message that companies like Tahoe cannot continue to ignore the impact of their mines without consequence.
Meanwhile, CPPIB also is in it to win it.
"We believe the company is well positioned for growth that will ultimately contribute to the growth of the CPP Fund which provides pensions for 18 million contributors and beneficiaries in Canada," CPPIB spokesperson said.
In the summer, Canada Pension Plan Investment Board (CPPIB), teamed up with Canada's biggest buyout firm, Onex, to take the London-based car parts and bath-maker Tomkins private.
"This transaction represents an excellent opportunity to acquire a market-leading enterprise data integration solutions provider alongside a strong partner with significant investing experience in the technology sector," a CPPIB spokesperson told TechCrunch by email.
"This is an exceptional opportunity to acquire a meaningful stake in what will become a leading mobile operator in the UK, giving us immediate scale in an important sector," said Mark Jenkins, of CPPIB.
The FCA's register shows that CPPIB began shorting Sainsbury's on 25 November by borrowing 9.8 million shares, selling them on the market in the hope of buying them back more cheaply and banking the difference as a profit.
Alongside Sainsbury's, CPPIB has previously shorted Drax and Tate & Lyle.
PIC, TIAA-CREF, CPPIB and the UN pension fund did not respond to requests for comment.
