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
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 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 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 structure that is relatively common in large acquisitions
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
Rogers to buy Bell's stake in MLSE for $4.7 billion, becoming majority owner
Rogers Communications Inc. will buy out BCE Inc.’s shares in Maple Leaf Sports & Entertainment (MLSE), becoming its majority owner. Rogers announced Wednesday that it has signed an agreement to buy Bell’s 37.5 per cent stake in the sports company for $4.7 billion.
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.
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.
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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 ...
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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.
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BCE Quantitative Stock Analysis
Below is Validea's guru fundamental report for BCE INC (BCE). Of the 22 guru strategies we follow, BCE rates highest using our Multi-Factor Investor model based on the published strategy of ...
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.
After Rogers’ MLSE deal, powerhouse sports IPO could be close to a slam dunk, say analysts
The acquisition of BCE Inc. ‘s stake in Maple Leaf Sports & Entertainment for $4.7 billion this week could put Rogers ...
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 ...