Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan Board entered into agreement to acquire 9.5% stake in Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (BMV:IDEAL B-1) on December 7, 2021. Following the close of the transaction, Ontario Teachers' and CPP Investments will each own 24.8% of IDEAL's outstanding shares. The closing of the transaction is subject to certain conditions, including obtaining the authorization from the Mexican antitrust authorities.