An Post joins Camelot fund for lotto bid

An Post is partnering with the pension fund which owns British lottery operator Camelot in its bid for the Irish lottery licence, The Sunday Business Post has learned.

1st June, 2013

An Post is partnering with the pension fund which owns British lottery operator Camelot in its bid for the Irish lottery licence, *The Sunday Business Post* has learned.

The Ontario Teachers' Pension Plan (OTPP), the biggest pension plan in Canada, is understood to be backing the An Post bid. In 2010, the fund bought Camelot Group for £389 million. According to its annual report, it had net assets of $129.5 billion in 2012. An Post...

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