OMERS to invest $544 million for indirect interest in Maple Leaf Sports & Entertainment

Company

Maple Leaf Sports & Entertainment Ltd.

Company

OMERS Pension Plan

Law Firm / Organization
McCarthy Tétrault LLP

OMERS, one of Canada’s largest defined benefit pension plans, is acquiring a 5 percent indirect stake in Maple Leaf Sports & Entertainment (“MLSE”) for US$400 million (~C$544 million) through a 20 percent direct stake in Kilmer Sports Inc. (“KSI”), owned by MLSE Chair Larry Tanenbaum.

Merger & Acquisition
Other
$ 544,000,000
Closed
06 November 2023