UPDATE 1-Hermes unit, Canadian fund to buy stake in Associated British Ports
March 31, 2015 at 11:42 AM EDT
March 31 (Reuters) - The Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure will buy a stake of at least 30 percent in Associated British Ports (ABP) for about 1.6 billion pounds ($2.4 billion).