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New Deal


Announced

CDPQ to invest $610m in Cogeco and Cogeco Communications.

Financials

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Transaction Value£486m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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communications

Canada

Internet

Acquisition

Domestic

Minority

Private Equity

Pending

Friendly

Single Bidder

Asset Managers and Custodians

telecommunications and media

Public

Synopsis

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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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