Bell acquires Montreal-based media company Astral
Canadian telco Bell has formally agreed to acquire Quebec’s Astral Media for C$3.38bn ($ 3.4bn), as part of efforts to bolster its position in French-speaking Canada and deliver valued content to any broadband-connected screen.
C$35bn Bell Canada takeover falls through
The proposed C$35bn (Eur21.25bn) takeover of Canadian telecoms firm BCE, which operates under the Bell Canada brand, collapsed Thursday after failing a solvency test. Potential buyers, the Ontario Teachers’ Pension Plan and a group of US private equity firms, terminated the deal when accountant KPMG warned that the Canadian firm’s huge debt load would leave [...]



