Bell announces public offering to fund Q9 Networks buy: Reuters
Bell Canada, Canada's largest telecommunications company, announced on Tuesday a public offering of $1.5 billion of medium term notes debentures in two series, Reuters reported. The net proceeds of the offering are to be used in part to fund parent company BCE Inc's acquisition of data centre operator Q9 Networks Inc from Ontario Teachers’ Pension Plan, Providence Equity Partners and Madison Dearborn Partners. The $675 million deal was announced this week.
10 August 2016•2 mins read
