All you need to know about the $26 billion Rogers – Shaw merger PUBLISHED BY
Rogers Communications Inc. will be taking over
Shaw Communications Inc. in a $26 billion deal. Rogers will acquire all outstanding class A and class B shares of Shaw Communications for $40.50 per share in cash, a premium of about 70% for a recent class B share price.
The deal also includes approximately $6 billion of Shaw debt and is expected to close in the first half of 2022.
The two Canadian companies are family-founded and have similar synergies. The combined entity will have the scale, assets, and capabilities needed to leverage innovation and growth in new telecommunications services with greater capabilities and bandwidths in wireless services.
Rogers-Shaw blockbuster is US$16B debt-heavy bet on 5G
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Canada s Rogers & Shaw to Merge
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Canada’s Rogers and Shaw announce $26bn merger
Canadian telcos come together citing the belief that 5G is redefining the innovation landscape and that significant multibillion-dollar investments are needed to deliver the connectivity that communities, consumers and businesses require
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Rogers Communications has entered into a merger with fellow Canadian telco Shaw Communications in a $26bn deal.
Explaining the move, the companies said that as 5G redefines the innovation landscape, significant multibillion-dollar investments are needed to deliver the connectivity that Canadian communities, consumers and businesses not only need, but deserve.
Rogers said it runs Canada’s largest and most reliable 5G network and that when it can combine its scale, capital and experience with Shaw’s existing cable, fibre-to-the-home and wireless networks, it will be able to deliver transformational technology to Canadian businesses, consumers, commun
TORONTO - Rogers Communications Inc. s proposed deal to buy Shaw Communications Inc. is raising questions about how far regulators and elected politicians will go to encourage competitive pricing in the Canadian telecom industry.
A pedestrian walks past the Rogers Building in Toronto on April 22, 2014. Some experts say Rogers Communications Inc. s proposed deal to buy Shaw Communications Inc. is raising questions about how far regulators and elected politicians will go to encourage competitive pricing in the Canadian telecom industry. THE CANADIAN PRESS/Darren Calabrese
TORONTO - Rogers Communications Inc. s proposed deal to buy Shaw Communications Inc. is raising questions about how far regulators and elected politicians will go to encourage competitive pricing in the Canadian telecom industry.