Press Digest: Canada - Sept. 3

COGECO

03/09/2020 13:16

Sept 3 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
    
    THE GLOBE AND MAIL
    ** Altice USA Inc  ATUS.N  and Rogers Communications Inc
 RCIb.TO  are teaming up to acquire Cogeco Inc  CGO.TO  and
Cogeco Communications Inc  CCA.TO  with an unsolicited
C$10.3-billion ($7.86 billion) offer, but the move faces stiff
opposition from the companies' controlling shareholder and
Quebec Premier François Legault. (https://tgam.ca/2Z4Nh4t)
    
    ** The world's largest co-working office space provider, IWG
Plc  IWG.L , which operates under the Regus and Spaces brands,
has filed for creditor protection for many of its offices in
Canada. (https://tgam.ca/3jFAlKe)
                
    ** Canadian colleges and universities say they're
anticipating financial losses possibly in the billions of
dollars due to a drop in international enrolments caused by the
global pandemic. (https://tgam.ca/32Sxc2X)

 ($1 = 1.3096 Canadian dollars)

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))