Announced
Financials
Tags
communications
Canada
Internet
Acquisition
Domestic
Minority
Private Equity
Pending
Friendly
Single Bidder
Asset Managers and Custodians
telecommunications and media
Public
Synopsis
CDPQ, a global investment group, agreed to invest $610m in Cogeco, a Canadian telecommunications and media company, and Cogeco Communications, a cable television operator. “Already active with Cogeco Communications through past acquisitions, CDPQ is supporting the growth projects of this leading telecommunications company as connectivity needs continue to grow. This major share purchase, orchestrated by CDPQ, is key for the company and its plan to develop the North American market,” Kim Thomassin, CDPQ Executive Vice-President.
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