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Caisse to help Manac founding family with privatization of truck trailer builder

2015-08-13 18:43:10| Steel - Topix.net

Several Quebec financial institutions, including the Caisse de depot, are helping Manac's founding family with the privatization of the nearly 50-year-old truck trailer manufacturer. The family of Marcel Dutil is investing $36 million while Quebec's pension fund manager, its Quebec manufacturing fund, the Solidarity labour fund and Investissement Quebec are providing $104 million in equity investments and loans.

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