Reuters – CPPIB to Buy Dorna Stake

The Canada Pension Plan Investment Board said it has agreed to buy a large stake in motorcyle racing group Dorna from private equity firm Bridgepoint. CPPIB said on Friday it would take a 39 percent stake in the business that has the rights to organise MotoGP events for an undisclosed sum, Reuters reported.

(Reuters) – Leading Canadian pensions group Canada Pension Plan Investment Board (CPPIB) said it has agreed to buy a large stake in motorcyle racing group Dorna from private equity firm Bridgepoint.

CPPIB said on Friday it would take a 39 percent stake in the business that has the rights to organise MotoGP events for an undisclosed sum.