Brief: Rogers Concludes Definitive Agreement For Cdn$7 Billion Equity Investment
04/04/2025 13:36
April 4 (Reuters) - Rogers Communications Inc RCIb.TO: ROGERS CONCLUDES DEFINITIVE AGREEMENT FOR CDN$7 BILLION EQUITY INVESTMENT ROGERS COMMUNICATIONS INC - TO MAINTAIN FULL OPERATIONAL CONTROL OF ITS WIRELESS NETWORK ROGERS COMMUNICATIONS INC - BLACKSTONE TO HOLD 49.9% EQUITY INTEREST IN ROGERS SUBSIDIARY ROGERS COMMUNICATIONS INC - SUBSIDIARY TO DISTRIBUTE UP TO CDN$0.4 BILLION ANNUALLY TO BLACKSTONE IN FIRST 5 YEARS ROGERS COMMUNICATIONS - BLACKSTONE TO ACQUIRE NON-CONTROLLING INTEREST IN NEW CANADIAN SUBSIDIARY OF ROGERS Source text: ID:nGNX9jX6BR Further company coverage: [RCIb.TO] ((Reuters.Briefs@thomsonreuters.com;))
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