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12.12.2023 13:52:38 - dpa-AFX: Rogers Communications To Sell All Subordinate Voting Cogeco Shares For $829 Mln In Cash
OTTAWA (dpa-AFX) - Rogers Communications Inc. (RCI), a Canadian telecom
company, said that it has agreed to sell all of its subordinate voting shares in
Cogeco Inc. (CGO.TO) and Cogeco Communications Inc. (CCA.TO) to Caisse de depot
et placement du Quebec, for around $829 million in cash.
The shares will be sold at a price of $46.91 per subordinate voting share of
CGO, and $51.40 per subordinate voting share of CCA.
RCI now owns 5,969,390 subordinate voting shares of CGO and 10,687,925
subordinate voting shares of CCA, representing around 42.6 percent of CGO
subordinate voting shares, and approximately 37.1 percent of the CCA subordinate
voting shares, respectively.
Monday, RCI stock had closed at $45.44, down 0.07 percent on the New York Stock
Exchange.
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
company, said that it has agreed to sell all of its subordinate voting shares in
Cogeco Inc. (CGO.TO) and Cogeco Communications Inc. (CCA.TO) to Caisse de depot
et placement du Quebec, for around $829 million in cash.
The shares will be sold at a price of $46.91 per subordinate voting share of
CGO, and $51.40 per subordinate voting share of CCA.
RCI now owns 5,969,390 subordinate voting shares of CGO and 10,687,925
subordinate voting shares of CCA, representing around 42.6 percent of CGO
subordinate voting shares, and approximately 37.1 percent of the CCA subordinate
voting shares, respectively.
Monday, RCI stock had closed at $45.44, down 0.07 percent on the New York Stock
Exchange.
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
ROGERS COMM.B CD 1,62478 | 867590 | Frankfurt | 35,200 | 14.06.24 08:07:50 | -0,400 | -1,12% | 0,000 | 0,000 | 35,200 | 35,600 |
