The Ontario Teachers’ Pension Plan announced Friday that it bought a majority stake in Norway-based Helly Hansen. The Teachers’ Pension Plan bought 75 percent of HH for a reported $326 million USD. The remaining 25 percent of the company will be owned by Altor Fund II (which previously owned all of the company).
what?
Any intel why?
makes complete sense to me……
Can I pro-deal stuff if I’m in a teacher’s union in the states?
Upon retiring, teachers will now annually receive 75% of their final step salary in outwear and polyester underwear, which they will then be allowed to sell to backcountry, REI, and campmor.
Seems legit…
Meanwhile in California… the Teachers Union Retirement Fund owns the deed to Slab City.