A pension fund owning over a third of Maple Leaf Foods is reportedly looking for a buyer for its shares in the Canadian food group.

The Ontario Teachers’ Pension Plan has approached prospective buyers for its 35.4% stake, according to Canada’s Globe and Mail.

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The fund has owned a stake in Maple Leaf since it backed the McCain family’s takeover of the business in 1995.

Officials at the fund could not be reached for immediate comment.

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