Corus Entertainment Inc.

Corus Entertainment Inc. in the proposed sale of specialty channels to Bell Media Inc. for approximately $200 million

Client

Corus Entertainment Inc.

Value

$200 million

Service

Mergers and Acquisitions

Date Closed

Lead Office

Toronto

 

Osler acted for Corus Entertainment Inc. (“Corus”) in its proposed agreement to sell French-language specialty channels Historia and Séries+ to Bell Media Inc. (“Bell Media”) for approximately $200 million.

The increased financial flexibility that this transaction provides will enable Corus to accelerate its transformation into an industry-leading integrated media and content company.

Corus is a leading media and content company that creates and delivers high quality brands and content for audiences around the world.

Bell Media is Canada's leading content creation company with premier assets in television, radio, out-of-home advertising, and digital media.

Osler, Hoskin & Harcourt LLP represented Corus with a team led by Doug Bryce and James Brown, and including Kai Sheffield (Corporate), Peter Glossop, Kaeleigh Kuzma and Gajan Sathananthan (Competition) Firoz Ahmed and David Davachi (Tax), Steven Dickie (Employment) and Jon Marin (Pensions and Benefits).