CPPIB, OMERS explore sale of Chicago Skyway lease: Bloomberg

Canada Pension Plan Investment Board and OMERS are exploring the sale of their lease attached to the Chicago Skyway Toll Bridge, Bloomberg reported.

Canada Pension Plan Investment Board and OMERS are exploring the sale of their lease attached to the Chicago Skyway Toll Bridge, according to a Bloomberg report. The pension funds are working with an adviser to solicit interest in the 7.8-mile (12.6 kilometer) toll-road concession. Any transaction is expected to value the asset at more than $4 billion including debt.

Source: Bloomberg