The Rogers\u002DShaw deal is now blocked from closing until the appeal is heard. Find out more.
to the same date. The telecom giants had originally expected to close the transaction in the second quarter of 2022.Article content
Rogers and Shaw proposed an expedited appeals hearing on Jan. 23 or 24, subject to the court’s availability to accommodate a possible decision and closing of the transaction before Jan. 31, should the Bureau’s appeal be dismissed, Lisus said. National Bank analyst Adam Shine said the appeal not only could add months to the regulatory review process, but also opens the door to a further appeal to the Supreme Court.Maher Yaghi, a telecom analyst at Scotiabank, said in a note that the company will already likely be forced to make an additional bond payment in early January as the transaction did not close before the end of 2022.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Competition Bureau appeal of Rogers-Shaw approval to be heard Jan. 24The Rogers\u002DShaw deal is now blocked from closing until the appeal is heard. Find out more.
Read more »
Competition Bureau gets temporary stay of Rogers-Shaw merger decisionCompetition Bureau says Federal Court has issued emergency stay temporarily suspending dismissal of case against Rogers\u0027 takeover of Shaw.
Read more »
Competition Bureau gets temporary stay of Rogers-Shaw merger decisionCompetition Bureau says Federal Court has issued emergency stay temporarily suspending dismissal of case against Rogers\u0027 takeover of Shaw.
Read more »
Competition Bureau gets temporary stay of Rogers-Shaw merger decisionCompetition Bureau says Federal Court has issued emergency stay temporarily suspending dismissal of case against Rogers\u0027 takeover of Shaw.
Read more »
Competition Bureau gets temporary stay of Rogers-Shaw merger decisionCompetition Bureau says Federal Court has issued emergency stay temporarily suspending dismissal of case against Rogers\u0027 takeover of Shaw.
Read more »
Competition Bureau gets temporary stay of Tribunal decision on Rogers-Shaw merger | CBC NewsThe Competition Bureau says a Federal Court has issued an emergency stay temporarily suspending the Competition Tribunal's dismissal of its case against Rogers Communications Inc.'s $26-billion takeover of Shaw Communications Inc.
Read more »