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May 24, 2022 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Rogers Communications Inc

TSX gains on firmer materials, upbeat economic data

TSX gains on firmer materials, upbeat economic data

  • The materials sector, which includes precious and base metals miners and fertilizer companies, added 0.8% as gold futures rose 0.7% to $1,731.9 an ounce.
  • Meanwhile, Canadian Real Estate Association said domestic home sales rose 6.6% in February from the previous month, setting a new all-time record.
Updated 15 Mar, 2021 09:25pm
Canada's Rogers to buy rival Shaw Communications in C$26bn deal
Business & Finance

Canada's Rogers to buy rival Shaw Communications in C$26bn deal

  • Rogers said Shaw shareholders will receive C$40.50 per share, representing a premium of nearly 70% premium to Shaw's last close.
  • As part of the deal, expected to close in the first half of 2022, the combined company will also invest C$2.5 billion in 5G networks over the next five years across Western Canada, Rogers said.
Updated 15 Mar, 2021 09:28pm