Mergers and Acquisitions

Québecor and its wholly-owned subsidiary Videotron Ltd. in their $2.85 billion acquisition of Freedom Mobile Inc. from Rogers Communications Inc. and Shaw Communications Inc.

Québecor
Key Contact
Niko Veilleux

Partner, Corporate, Montréal

Team
Sophie Amyot

Partner, Corporate, Montréal

Matthew T. Oliver

Partner, Corporate, Montréal

Jean-Philippe Bertrand

Associate, Corporate, Montréal

Véronique Fortin-Latreille

Associate, Corporate, Montréal

Samuel Cantin

Associate, Corporate, Montréal

Samuel Alary

Associate, Corporate, Montréal

Julien Ranger

Partner, Pensions and Benefits, Montréal

Jeremy Perron

Associate, Pensions and Benefits, Montréal

Bryce Kustra

Partner, Real Estate, Calgary

Caroline Stephens

Associate, Real Estate, Montréal

Sam Ip

Partner, Technology, Toronto

Joanna Fine

Partner, Privacy and Data Management, Toronto

Catherine Hart

Associate, Privacy and Data Management, Toronto

David Wilson

Partner, Tax, Montréal

Manon Thivierge

Partner, Tax, Montréal

On August 12, 2022, Québecor, a Canadian leader in telecommunications, entertainment news media and culture, and its wholly owned subsidiary Videotron Ltd. announced they had entered a definitive agreement with Rogers Communications and Shaw Communications for the acquisition of Freedom Mobile for $2.85 billion, subject to regulatory approvals and closing of the merger of Rogers and Shaw announced on March 15, 2021. The combination of Freedom and Videotron will be able to create a strong fourth national wireless services provider using Videotron’s holdings as well as provide consumers in British Columbia, Alberta and Ontario more choice, value and affordability.

Rogers Communications is a leading Canadian technology and media company that provides communications services and entertainment to consumers and businesses.

Shaw Communications is a Canadian connectivity company.

Osler, Hoskin & Harcourt LLP advised Québecor with a team led by Niko Veilleux and composed of, mainly, Sophie Amyot, Matthew Oliver, Jean-Philippe Bertrand, Véronique Fortin Latreille, Samuel Cantin, Samuel Alary (Corporate), Julien Ranger, Jeremy Perron (Pensions and Benefits), Bryce Kustra, Caroline Stephens (Real Estate), Sam Ip (Technology), Joanna Fine, Catherine Hart (Privacy and Data Management), Manon Thivierge, David Wilson (Tax) and our OWT team members (Due Diligence).

Value
$2.85 billion
Date Closed
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Lead Office
Montréal
Key Contact
Niko Veilleux

Partner, Corporate, Montréal

Team
Sophie Amyot

Partner, Corporate, Montréal

Matthew T. Oliver

Partner, Corporate, Montréal

Jean-Philippe Bertrand

Associate, Corporate, Montréal

Véronique Fortin-Latreille

Associate, Corporate, Montréal

Samuel Cantin

Associate, Corporate, Montréal

Samuel Alary

Associate, Corporate, Montréal

Julien Ranger

Partner, Pensions and Benefits, Montréal

Jeremy Perron

Associate, Pensions and Benefits, Montréal

Bryce Kustra

Partner, Real Estate, Calgary

Caroline Stephens

Associate, Real Estate, Montréal

Sam Ip

Partner, Technology, Toronto

Joanna Fine

Partner, Privacy and Data Management, Toronto

Catherine Hart

Associate, Privacy and Data Management, Toronto

David Wilson

Partner, Tax, Montréal

Manon Thivierge

Partner, Tax, Montréal