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Telus Digital Files Circular for Shareholder Vote on Telus's US$4.50-a-Share Acquisition Proposal
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Telus Digital Files Circular for Shareholder Vote on Telus's US$4.50-a-Share Acquisition Proposal
Sep 18, 2025 4:43 AM

07:18 AM EDT, 09/18/2025 (MT Newswires) -- TELUS Digital (TIXT.TO) said Thursday it has filed its management information circular for the special shareholders meeting next month, to consider Telus' (T.TO) proposal to acquire its shares for US$4.50 each for a total of $539 million.

The Supreme Court of British Columbia has already granted an interim order for the arrangement, and authorized the special meeting, the company said.

If approved by shareholders, the transaction is expected to close by the end of next month.

Telus Digital's special committee of independent directors believes the arrangement with Telus provides more immediate value to minority shareholders on a risk-adjusted basis than is expected to be realizable by the company as a stand-alone entity in the foreseeable future.

The arrangement is expected to enable enhanced AI and SaaS transformation capabilities across Telus's various businesses, while accelerating Telus Digital's global growth in key verticals including financial technology, gaming and technology, communications and media, and health.

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