TSX VENTURE COMPANIES

The shareholders of Rogers Communications (TSX: RCI.B) and Shaw Communications (TSX: SJR.B) have agreed to the terms of the Arrangement Agreement resulting in the combination of the two companies. Each share of Shaw Communications will be exchanged for $44.50 cash. Shaw Communications will be removed from the S&P/TSX Composite Index and S&P/TSX 60 Index after the close of trading April 5, 2023, prior to the open of trading on April 6, 2023.

Brings together two iconic, entrepreneurial Canadian companiesCreates one national cable, media, and wireless company Unlocks billions in investment to bring significant benefit to Canada and Canadians TORONTO, April 03, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. announced today it has completed its historic merger with Shaw Communications Inc. “This is a momentous day for our customers, who will benefit from the latest services and network technology, and for our teams, who have worked

A fourth major wireless carrier is launched in CanadaMONTRÉAL and CALGARY, Alberta, April 03, 2023 (GLOBE NEWSWIRE) -- Quebecor Inc. (“Quebecor”) and Shaw Communications Inc. (“Shaw”) announced today that the acquisition of Freedom Mobile Inc. (“Freedom”) by Videotron Ltd. (“Videotron”), a wholly-owned subsidiary of Quebecor, has been completed, creating the fourth strong, competitive wireless service provider that Canadian consumers and governmental and regulatory authorities have been waiting

Rogers Communication's (RCI) takeover marks the approval of the largest telecom deal in Canadian history.

Canada's move to clear Rogers Communications Inc's C$20 billion ($15 billion) bid for Shaw Communications Inc after two years should have been a balm to markets. Instead, dealmakers are worried about potential government intervention in mergers involving other sensitive sectors. On Friday, Minister of Innovation, Science and Industry Francois-Philippe Champagne agreed to the transfer of spectrum licenses held by Shaw's Freedom Mobile unit to Quebecor Inc after securing "unprecedented and legal...

Canada's move to clear Rogers Communications Inc's C$20 billion ($15 billion) bid for Shaw Communications Inc after two years should have been a balm to markets. Instead, dealmakers are worried about potential government intervention in mergers involving other sensitive sectors. On Friday, Minister of Innovation, Science and Industry Francois-Philippe Champagne agreed to the transfer of spectrum licenses held by Shaw's Freedom Mobile unit to Quebecor Inc after securing "unprecedented and legal...

Canada's main stock index rose on Friday for a sixth straight day, notching its highest closing level in three weeks, as worries eased about the outlook for U.S. interest rates and data showed stronger-than-expected growth in the domestic economy. The Toronto Stock Exchange's S&P/TSX composite index ended up 158.90 points, or 0.8%, at 20,099.89, its highest closing level since March 8. "I think some of this pervasive concern about high interest rates, especially in the U.S., has receded a bit ...

Canada's main stock index rose on Friday for a sixth straight day, notching its highest closing level in three weeks, as data showing stronger-than-expected growth in the domestic economy bolstered investor sentiment. The Toronto Stock Exchange's S&P/TSX composite index ended up 158.9 points, or 0.8%, at 20,099.89, its highest closing level since March 8. For the month, the TSX was down 0.6% as global banking turmoil led to a selloff in heavily-weighted financials and volatility in the price o...

(Bloomberg) -- The Canadian government will allow Rogers Communications Inc. to acquire rival Shaw Communications Inc., concluding one of the biggest corporate takeovers in the country’s history after more than two years. Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentWorld’s Top-Rated Airport Sees Immigration System RestoredUS Stocks Extend Rally as Traders Eye Peak Rates: Markets WrapHow King Charles Got Thrown Into Disney’s Fight With Florida Governor DeSa