Rogers Takes Control of Leafs, Raptors in $3.5 Billion Deal
Rogers Communications Inc. is buying BCE Inc.’s 37.5% stake in Maple Leaf Sports & Entertainment Ltd. for C$4.7 billion ($3.5 billion), giving the telecommunications giant a majority stake in the sports company whose most valuable assets include the Toronto Maple Leafs hockey club and the Toronto Raptors.
BCE Ells Its Ownership Stake In Maple Leaf Sports And Entertainment To Rogers For C$4.7 Bln
Canadian communications company BCE, Inc. (BCE, BCE.TO) announced Wednesday that it has reached an agreement to sell its ownership
BCE Divests Its MLSE Ownership Stake to Rogers for C$4.7 Billion
BCE Inc. BCE has finalized an agreement to sell its ownership stake in Maple Leaf Sports and Entertainment ("MLSE") to Rogers Communications Inc. ("Rogers") for C$4.7 billion. The deal is subject to approval from the relevant sports leagues and other customary conditions, and it is anticipated to close in mid-2025.
Rogers to become majority owner of MLSE after buying Bell's stake for $4.7B
Rogers Communications has bought Bell out of its stake in Maple Leaf Sports & Entertainment, the company that owns the Toronto Maple Leafs and Toronto Raptors, for $4.7 billion.
Why BCE was forced into selling its MLSE stake to arch-rival Rogers
With BCE’s financials in disarray, resulting in debt-rating downgrades from two different agencies, the company’s CEO had to find a new approach
BCE stock up after it sells minority stake in MLSE to Rogers for $4.7B
Shares of BCE (BCE.TO)(BCE) rose on Wednesday while Rogers Communications' (RCI-B.TO)(RCI) stock dipped, after it was announced that Rogers will buy BCE's minority stake in Maple Leaf Sports and Entertainment (MLSE) for $4.
Rogers secures grip on Toronto pro sports with $4.7B MLSE buyout
After its $4.7 billion buyout of Maple Leaf Sports & Entertainment from Bell, Rogers now controls all men's pro sports in Toronto, including the Toronto Maple Leafs, the Toronto Raptors, the Toronto Argonauts,
Yahoo Finance2d
BCE Inc. (BCE)
TMUS T-Mobile US, Inc.
Zacks.com on MSN13h
BCE & MacLean Advance Sustainable Mining Practices: Stock to Benefit?
BCE Inc.’s BCE subsidiary, Bell, recently partnered with MacLean to enhance the capabilities of underground mining equipment and operations. The initiative combines Bell’s cutting-edge communications ...
BCE Inc. stock falls Friday, underperforms market
BCE Inc. closed C$8.62 short of its 52-week high of C$56.18, which the company achieved on January 19th.
Business Brief: At TD, a new CEO faces a tall order
Raymond Chun, currently the head of Canadian banking, will take over as CEO at TD’s next annual general meeting in April.
BCE Is Dead To Me - August Dividend Income Report
Telcos are capital-intensive. It means they must spend considerable amounts of money to maintain and improve their networks.
BCE Inc. stock rises Wednesday, outperforms market
BCE Inc. closed C$7.66 below its 52-week high of C$56.18, which the company reached on January 19th.
After Rogers’ MLSE deal, powerhouse sports IPO could be close to a slam dunk, say analysts
Such a spin-off, Dubreuil said in a note, would “maximize the odds” that the value of the sports assets — in particular the ...
National Bank Sticks to Their Buy Rating for BCE (BCE)
National Bank analyst Adam Shine maintained a Buy rating on BCE (BCE – Research Report) today and set a price target of C$52.00. The ...