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 stock up after it sells minority stake in MLSE to Rogers for $4.7B
"This would enable Rogers to potentially bring every major Toronto sports franchise under one umbrella, which could garner interest from outside investors or be IPOed."
The Daily Chase: BCE sells MLSE stake to Rogers
There’s a major change at the top of Maple Leafs Sports & Entertainment this morning as BCE Inc. has sold its stake in the sports business conglomerate to Rogers Communications Inc. 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 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 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,
Lifetime Achievement Award: Keith Taylor, Equinix inc.
Keith Taylor has done what few public company chief financial officers have: led the finance function for the same company ...
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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.
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 ...
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 ...
Rogers wins over MLSE with no outside financing
Bell did not require Rogers to prearrange payment for the purchase of its stake in Maple Leaf Sports & Entertainment in a ...