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Rogers to Acquire 37.5% Stake in Maple Leaf Sports From BCE for $3.5 Billion
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Rogers to Acquire 37.5% Stake in Maple Leaf Sports From BCE for $3.5 Billion
Sep 18, 2024 6:36 AM

09:09 AM EDT, 09/18/2024 (MT Newswires) -- Rogers Communications ( RCIAF ) said Wednesday it has agreed to acquire BCE Inc.'s ( BCEXF ) 37.5% stake in Maple Leaf Sports and Entertainment for $4.7 billion Canadian dollars ($3.48 billion).

Rogers said financing for the deal will include private investors and will not affect its debt leverage.

BCE said the transaction is expected to close in mid-2025.

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