Why BCE was forced into selling its MLSE stake to arch-rival Rogers
With BCE’s financials in disarray, resulting in debt-rating downgrades from two different agencies, the company’s CEO had to find a new approach
Rogers Takes Control of Leafs, Raptors in $3.5 Billion Deal
Rogers Communications Inc. is buying BCE Inc.’s 37.5% stake in Maple Leaf Sports & Entertainment Ltd. for C$4.7 billion ($3.5 billion), giving the telecommunications giant a majority stake in the sports company whose most valuable assets include the Toronto Maple Leafs hockey club and the Toronto Raptors.
BCE Divests Its MLSE Ownership Stake to Rogers for C$4.7 Billion
BCE Inc. BCE has finalized an agreement to sell its ownership stake in Maple Leaf Sports and Entertainment ("MLSE") to Rogers Communications Inc. ("Rogers") for C$4.7 billion. The deal is subject to approval from the relevant sports leagues and other customary conditions, and it is anticipated to close in mid-2025.
BCE Ells Its Ownership Stake In Maple Leaf Sports And Entertainment To Rogers For C$4.7 Bln
Canadian communications company BCE, Inc. (BCE, BCE.TO) announced Wednesday that it has reached an agreement to sell its ownership
Rogers wins over MLSE with no outside financing
Bell did not require Rogers to prearrange payment for the purchase of its stake in Maple Leaf Sports & Entertainment in a structure that is relatively common in large acquisitions
BCE Inc. stock falls Monday, underperforms market
BCE Inc. closed C$8.78 below its 52-week high of C$56.18, which the company achieved on January 19th.
BCE Is Dead To Me - August Dividend Income Report
Telcos are capital-intensive. It means they must spend considerable amounts of money to maintain and improve their networks.
BCE & MacLean Advance Sustainable Mining Practices: Stock to Benefit?
BCE's subsidiary BELL and MacLean forge a partnership to revolutionize mining with advanced technology and foster ...
6 Analysts Update Coverage on BCE Inc. after MLSE Sale
According to forecasts from 14 analysts, the average target price for BCE Inc is CAD 50.71 over the next 12 months, suggesting potential growth from its current level. The consensus rating among these ...
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BCE Quantitative Stock Analysis
Below is Validea's guru fundamental report for BCE INC (BCE). Of the 22 guru strategies we follow, BCE rates highest using our Multi-Factor Investor model based on the published strategy of ...
BCE Inc. stock falls Friday, underperforms market
BCE Inc. closed C$8.62 short of its 52-week high of C$56.18, which the company achieved on January 19th.
After Rogers’ MLSE deal, powerhouse sports IPO could be close to a slam dunk, say analysts
Such a spin-off, Dubreuil said in a note, would “maximize the odds” that the value of the sports assets — in particular the ...
National Bank Sticks to Their Buy Rating for BCE (BCE)
National Bank analyst Adam Shine maintained a Buy rating on BCE (BCE – Research Report) today and set a price target of C$52.00. The ...