On December 6, 2021, TELUS Corporation announced the $500 million sale of its financial solutions business, as well as certain assets, to Dye & Durham. TELUS' financial solutions business provides leading digital infrastructure and technology solutions to Canada’s financial community and the acquisition will benefit Dye & Durham's customers through expanded product capabilities, particularly in the real estate value chain. Net proceeds from the transaction will be used to support TELUS’s strategic growth investments including those in TELUS Health and TELUS Agriculture.
TELUS Corporation is a leading communications and information technology company with 16 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security.
Dye & Durham is a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals.
Osler, Hoskin & Harcourt LLP advised TELUS with a team consisting of Patrick Marley and Masoud Tasharofi (Tax).