Rogers strikes $7bn deal with Blackstone-led group to boost balance sheet
Total Telecom
APRIL 7, 2025
non-controlling stake (with 20% voting rights) in a new Rogers subsidiary that will own a portion of its wireless backhaul transport network. The deal gives Blackstone up to CAD $400 million in annual distributions over the first five years. As per the new agreement, Blackstone will acquire a 49.9%
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