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
Bell Media Sells Minority Stake in Maple Leaf Sports & Entertainment for More Than $3B
Canadian phone giant BCE Inc. has inked a deal with rival telecom and cable TV giant Rogers Communications to sell its 37.5 percent stake in Maple Leafs Sports Entertainment for CAN$4.7 billion (US$3.
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 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 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
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,
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.
BCE & MacLean Advance Sustainable Mining Practices: Stock to Benefit?
BCE's subsidiary BELL and MacLean forge a partnership to revolutionize mining with advanced technology and foster ...
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 ...
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 Ells Its Ownership Stake In Maple Leaf Sports And Entertainment To Rogers For C$4.7 Bln
(RTTNews) - Canadian communications company BCE, Inc. (BCE, BCE.TO) announced Wednesday that it has reached an agreement to sell its ownership stake in Maple Leaf Sports and Entertainment or ...
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
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 ...