Global investment group CDPQ announced Monday an additional investment of approximately $378 million in Saputo Inc. (SAP.TO), a processor, producer, marketer and distributor of dairy products.
CDPQ's stake in the company now totals approximately 4.5%, following the acquisition of 13.5 million shares at a price of $27.96 per share. CDPQ's first stake in Saputo dates back to 1997.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.