| Several investor groups are readying bids for German motorway service station group Tank & Rast, in a deal worth up to 3.5 billion euros ($3.8 billion), sources familiar with the transaction said. A consortium of Allianz, Munich Re (MEAG), sovereign wealth fund Abu Dhabi Investment Authority (ADIA) and Borealis, part of pension fund OMERS, aims to hand in an offer by a mid- to end-April deadline, the people said.
Canadian pension funds PSP and Ontario Teachers (OTPP) as well as Singapore sovereign wealth fund GIC are working on a joint offer, they added. The infrastructure arm of Australia's bank Macquarie is also expected to express interest...............................................Full Article: Source
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