Caisse is selling back half its holdings to Quebecor Media

Quebecor Media is buying back almost half of the share of its stock now held by the pension fund Caisse de dépôt et placement du Québec. The caisse's share will shrink from 45.% to 24/6%. 

“Our intention was to take advantage of the window of opportunity created by the favourable conditions on the debt markets to increase our interest in Quebecor Media,” said Pierre Karl Péladeau, chief