Sunday, 23 July 2017

Shaw sells media business for C$2.65bn to fund Wind buy

By Mary Lennighan, Total Telecom
Thursday 14 January 16

Canadian company repositions itself as a connectivity provider, while retaining a stake in enlarged media group.

Shaw Communications on Wednesday announced that it has agreed to sell its media division to TV and radio group Corus Entertainment for C$2.65 billion (€1.7 billion) in cash and stock, a deal that repositions the company as a communications services provider while leaving it with a stake in the enlarged media entity…

Shaw Communications on Wednesday announced that it has agreed to sell its media division to TV and radio group Corus Entertainment for C$2.65 billion (€1.7 billion) in cash and stock, a deal that repositions the company as a communications services provider while leaving it with a stake in the enlarged media entity…

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