Competition Bureau will not challenge Shaw's buy of Wind Mobile
The Competition Bureau has decided not to challenge the proposed acquisition of Wind Mobile Corp by Shaw Communications Inc (TSX: SJR.B). The $1.6 billion deal, announced in December, is unlikely to reduce competition in Canada's mobile wireless industry because "the two companies do not currently compete against each other," the federal agency said. Wind is currently backed by several private equity firms and other investors, including West Face Capital, Globalive Capital, Tennenbaum Capital Partners, and the family office of Lawrence Guffey.
5 February 2016•2 mins read
