Remove Bidding Remove New York Stock Exchange Remove Pension Funds
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OTPP Unloads Premier Lotteries Ireland to French Operator

Pension Pulse

As part of the agreement, FDJ, which is the operator of the French National Lottery, will purchase the shares from Ontario Teachers' Pension Plan, An Post, and An Post Pension Fund. PLI was awarded a 20 year contract to operate the National Lottery by the Irish Government back in 2014. An Post also welcomed the sale.

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Transcript: Jeremy Siegel + Jeremy Schwartz

The Big Picture

We could have gone for another couple hours, but I had to stop and send them off to the New York Stock Exchange to do whatever they’re going to do there. RITHOLTZ: Bidding wars are over. It’s sold ungodly numbers of copies, and is on everybody’s best finance books of all-time list. SIEGEL: Yeah.

Finance 59