BCE Divests Its MLSE Ownership Stake to Rogers for C$4.7 Billion

BCE Inc. (BCE) has finalized an agreement to sell its ownership stake in Maple Leaf Sports and Entertainment ("MLSE") to Rogers Communications Inc. ("Rogers") for C$4.7 billion. The deal is subject to approval from the relevant sports leagues and other customary conditions, and it is anticipated to close in mid-2025.Furthermore, Bell Media has obtained a long-term agreement with Rogers to secure content rights for the Toronto Maple Leafs and Toronto Raptors, allowing The Sports Network (“TSN”) to broadcast ...