BCE (NYSE: BCE), the parent company of Canada's largest service provider Bell Canada, has led a group of investors to acquire data center provider Q9 Networks for CAD 1 billion (USD 960 million).
Joining BCE in this deal, reports the Globe and Mail, was the Ontario Teachers' Pension Plan, in addition to U.S. equity firms Madison Dearborn Partners LLC and Providence Equity Partners LLC.
BCE (NYSE: BCE), the parent company of Bell Canada, reported last week its second-quarter 2012 earnings rose 31 percent. For the quarter, the telco reported earnings of CAD 773 million (USD 778 million) or 1 cent per share. In the B... Read Post
Bell Canada (NYSE: BCE) has added another piece to its media services suite by reaching a deal to acquire Montréal-based Astral Media Inc. (Toronto: ACM-A.TO). Under the terms of the CAD 3.38 billion (USD 3.41 billion) deal, the ser... Read Post