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OMERS

Company Summary

Description

OMERS, officially the Ontario Municipal Employees Retirement System, is a pension fund created by statute in 1962 to handle the retirement benefits of local government employees in the Canadian province of Ontario.

Website

https://www.omers.com/

Recent news

Company Transactions

Date: 10/15/2018
Type: Acquisition

NOTES:
Plains All American and Magellan Midstream have entered into an agreement to sell a 50% interest in BridgeTex Pipeline Company to OMERS for $1.438 billion. OMERS will acquire a 30% stake from Plains and a 20% stake from Magellan.
REGIONS:
  • Texas and Producing Region