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).