Get Rogers Buys Shaw Background. Rogers communications has agreed to buy shaw communications for cad 4.50 per share, in a transaction valued at cad 26 billion, including cad 6 billion worth of shaw debt. Rogers to buy shaw for $26 billion in order to expand 5g.
(rci.to, rci) agreed to buy shaw communications inc.(sjr) in a transaction valued at about c$26 billion. Rci, +1.29% announced monday that it has agreed to acquire shaw communications inc. Rci 7.44% has agreed to buy shaw communications inc.
In a c$20 billion ($16 billion) deal that unites canada's two largest cable providers.
Rogers has agreed to pay c. Rogers and shaw have been mostly friendly competitors over the years, swapping assets occasionally as rogers concentrated on ontario and shaw focused on the western provinces. Rogers communications has signed a deal to buy shaw communications. Rogers communications is set to acquire rival cable giant shaw communications for $26 billion.