09:37 AM EST - Teranet Income Fund : Borealis Infrastructure Management, a unit of the $52-billion Ontario Municipal Employees Retirement System pension fund has presented a $2-billion takeover offer to Teranet Income Fund. Borealis said Thursday it is bidding $11 per unit in cash for the Ontario land registry operator. Teranet Income Fund
units T.TF.UN are trading unchanged at $9.36.
