Rogers Communications Inc, and Shaw Communications Inc. announced that they have reached an agreement for Rogers to acquire all of Shaw’s issued and outstanding Class A Shares and Class B Shares in a transaction valued at approximately $26 billion inclusive of approximately $6 billion of Shaw debt (the “Transaction”). The offer price of $40.50 per share represents a significant premium for Shaw shareholders; further details of the transaction are described below. The transaction is not subject to a financing condition as Rogers has secured committed debt financing, which it will use along with balance sheet cash and the issuance of 23.6 million shares to the Shaw Family Living Trust.

Read more: Rogers and Shaw to come together in $26 billion transaction

TELUS Corporation (TSX: T; NYSE: TU) announced that its subsidiary, TELUS International (Cda) Inc. (TELUS International), has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) and filed a preliminary base PREP prospectus with the securities regulatory authorities in each of the provinces and territories of Canada for a proposed initial public offering (IPO) of subordinate voting shares of TELUS International.

Read more: TELUS International files for IPO

TELUS proudly announced that it has been named Canada’s Most Respected Mobile Service Provider by Canadians. A survey of Canadians from coast to coast to coast ranked TELUS first out of 22 mobile service providers across the country. TELUS’ Most Respected Award is based on the company’s reputation across customer service excellence, team culture, its contribution to our communities, diversity and inclusion efforts and overall brand trust. 

Read more: TELUS chosen as Canada’s most respected mobile service provider

More Articles ...