CDPQ / OTPP / CONNEXA to acquire Undisclosed target

CDPQ, OTPP and CONNEXA have agreed to acquire a telecommunications company in a transaction announced on 18 December 2024. The specific identity of the target business remains unreported in available records, and the financial terms of the deal have not been disclosed to the public. The consortium of investors is proceeding with the acquisition within the telecommunications sector, though the precise valuation and currency involved are currently unknown. No details regarding the consideration type or the geographical location of the target entity have been confirmed in the source data.

The transaction is currently in the review phase as the parties await necessary regulatory approvals to proceed. Completion of the deal has not yet been finalised, and no specific date for closing has been established. The status remains pending further developments in the regulatory process before the acquisition can be considered fully executed.