(Reuters) - Telus, Canada's No. 2 phone company, confirmed early on
Thursday that it is in talks to explore the acquisition of
rival BCE, already the target of several potential
private-equity bidders, and has signed a non-disclosure and
standstill pact.
"Telus believes the combination of of the two businesses
would represent a compelling strategic and financial
opportunity for all BCE and Telus stakeholders," Telus Chief
Executive Darren Entwistle said in a statement.
Read more at Reuters.com Mergers News
Thursday that it is in talks to explore the acquisition of
rival BCE, already the target of several potential
private-equity bidders, and has signed a non-disclosure and
standstill pact.
"Telus believes the combination of of the two businesses
would represent a compelling strategic and financial
opportunity for all BCE and Telus stakeholders," Telus Chief
Executive Darren Entwistle said in a statement.
Read more at Reuters.com Mergers News
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