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.
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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