India: CDPQ in talks to increase its stake in Piramal Enterprises

India: CDPQ in talks to increase its stake in Piramal Enterprises

Photo: Reuters

Caisse de depot et placement du Quebec (CDPQ), one of Canada’s leading institutional fund managers, is looking to increase its stake in Piramal Enterprises (PEL) by way of a preferential allotment of shares by the latter, according to a report by The Economic Times.