CP2 is a common holder of both CEU and Transurban so if Transurban is taken over CP2 may look to boost their holding in other infrastructure stocks. I believe the increase in CP2s holding was due to the recent distribution rather than an on market increase
A bit of M&A is a good thing for the share price. CEU would be a smaller acquisition but would fit well with the Canadian Pension Funds desire for long term infrastructure assets. Heres hoping for some action...
CEU Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held
