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<\/span><\/figcaption><\/figure>Rogers Communications<\/a> has extended the deadline for its takeover of Shaw Communications<\/a> for the fourth time to March 31 as the wireless carriers await final approval from Canadian industry<\/a> minister Francois-Philippe Champagne.

The Friday announcement from
Rogers<\/a> and Shaw<\/a> comes after the companies set a Feb. 17 deadline last month as a long-drawn battle for approval with the country's competition bureau came to an end.

The antitrust tribunal approved the deal in December and a Canadian court later dismissed the competition bureau's efforts to overturn the approval.

The deal to create Canada's No. 2 telecoms company had triggered concerns of lessening competition in a country where wireless bills are already among the highest in the world.

To alleviate the antitrust issues, Rogers-Shaw agreed to sell
Freedom Mobile<\/a>, a wireless business owned by Shaw, to Quebecor Inc. The C$2.85 billion ($2.11 billion) sale is now expected to close by March 31, the companies said.

Champagne, whose approval is needed for the transfer of spectrum licenses held by Shaw's
Freedom Mobile<\/a> unit to Quebecor's Videotron<\/a>, has previously indicated support for the deal if certain conditions were met.

Innovation, Science and Economic Development Canada, which Champagne heads, did not immediately respond to a Reuters request for comment.

Separately, Shaw on Friday announced a monthly dividend and suspended its dividend reinvestment plan.

Shaw also said it had received an extension from the Toronto Stock Exchange and an order from the Alberta Court of King's Bench to hold its 2023 annual general meeting by no later than May 31.

\"If the Rogers-Shaw merger has not closed by such time, the company expects to hold its 2023 annual general meeting near the end of May,\" Shaw said in a statement.
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Rogers-Shaw协议期限延长第四次等待最终批准

周五宣布来自罗杰斯和肖后公司上个月2月17日的最后期限设置为一个长期的战役批准与该国竞争局结束。

  • 更新于2023年2月17日08:08点坚持
罗杰斯通信扩展了其收购的最后期限肖通信3月31日的第四次从加拿大无线运营商在等待最后批准行业部长Francois-Philippe香槟。

周五宣布罗杰斯之前的公司上个月2月17日的最后期限设置为一个长期的战役批准与该国的竞争局结束。

反垄断法庭批准了这项交易,加拿大法院12月后驳斥了竞争局的努力推翻批准。

协议创建加拿大第二大电信公司引发的担忧减轻竞争在一个无线账单已经跻身世界上最高的。

广告
为了缓解反垄断问题,Rogers-Shaw同意出售自由移动无线业务由肖,Quebecor Inc . 28.5亿加元(21.1亿美元)的销售预计将于3月31日的公司说。

香槟,是谁的批准转让所需的许可证由萧伯纳的频段自由移动单位Quebecor的Videotron此前曾表示支持,如果某些条件得到满足。

创新、科学和经济发展加拿大,香槟,没有立即回复记者的路透记者的置评请求。

另外,肖周五宣布每月红利和股息再投资计划暂停。

肖还表示,收到了一个扩展从多伦多证券交易所和订单的阿尔伯塔省法院王座法庭召开2023年度股东大会不迟于5月31日。

“如果Rogers-Shaw合并没有关闭的时间,该公司预计将召开2023年度股东大会在5月底,“肖在一份声明中说。
  • 发布于2023年2月17日08:04点坚持

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<\/span><\/figcaption><\/figure>Rogers Communications<\/a> has extended the deadline for its takeover of Shaw Communications<\/a> for the fourth time to March 31 as the wireless carriers await final approval from Canadian industry<\/a> minister Francois-Philippe Champagne.

The Friday announcement from
Rogers<\/a> and Shaw<\/a> comes after the companies set a Feb. 17 deadline last month as a long-drawn battle for approval with the country's competition bureau came to an end.

The antitrust tribunal approved the deal in December and a Canadian court later dismissed the competition bureau's efforts to overturn the approval.

The deal to create Canada's No. 2 telecoms company had triggered concerns of lessening competition in a country where wireless bills are already among the highest in the world.

To alleviate the antitrust issues, Rogers-Shaw agreed to sell
Freedom Mobile<\/a>, a wireless business owned by Shaw, to Quebecor Inc. The C$2.85 billion ($2.11 billion) sale is now expected to close by March 31, the companies said.

Champagne, whose approval is needed for the transfer of spectrum licenses held by Shaw's
Freedom Mobile<\/a> unit to Quebecor's Videotron<\/a>, has previously indicated support for the deal if certain conditions were met.

Innovation, Science and Economic Development Canada, which Champagne heads, did not immediately respond to a Reuters request for comment.

Separately, Shaw on Friday announced a monthly dividend and suspended its dividend reinvestment plan.

Shaw also said it had received an extension from the Toronto Stock Exchange and an order from the Alberta Court of King's Bench to hold its 2023 annual general meeting by no later than May 31.

\"If the Rogers-Shaw merger has not closed by such time, the company expects to hold its 2023 annual general meeting near the end of May,\" Shaw said in a statement.
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