Rogers Communications Inc. (RCI)
After hours:
| Previous close | 47.36 |
| Open | 47.58 |
| Bid | 19.32 x 800 |
| Ask | 49.51 x 1400 |
| Day's range | 47.53 - 48.47 |
| 52-week range | 44.19 - 64.55 |
| Volume | |
| Avg. volume | 374,346 |
| Market cap | 24.252B |
| Beta (5Y monthly) | 0.36 |
| PE ratio (TTM) | 20.02 |
| EPS (TTM) | 2.42 |
| Earnings date | 27 Jul 2022 |
| Forward dividend & yield | 1.56 (3.21%) |
| Ex-dividend date | 09 Jun 2022 |
| 1y target est | 61.07 |
- Reuters
Canada's Rogers, Shaw, watchdog agree to start mediation over C$20 billion deal
Rogers Communications Inc, Shaw Communications Inc and Canada's competition bureau have agreed to start a mediation process to overcome the agency's antitrust issues posed by Rogers' C$20 billion ($15.5 billion) acquisition of Shaw, the competition tribunal said on Friday. The move follows weeks of back and forth between the parties after the antitrust agency blocked Rogers' bid, saying the deal will reduce competition in Canada's concentrated telecoms industry and push up wireless bills.
- Reuters
Exclusive-Rogers-Shaw M&A hinges on Shaw Mobile sale, sources say
Canada's competition bureau is expected to ask Rogers Communications Inc to sell Shaw Communications Inc's cellular business to overcome antitrust concerns presented by Rogers' C$20 billion ($15.4 billion) acquisition of Shaw, two sources familiar with the matter told Reuters on Thursday. Canada's competition bureau has blocked Rogers' proposed purchase of Shaw on the grounds that the deal will lessen competition in the telecom sector, leading to increased mobile bills for consumers. As part of the merger remedy, Rogers-Shaw last week agreed to sell Freedom Mobile, the cellular business owned by Shaw, to Montreal-based Quebecor Inc for C$2.85 billion.
- Bloomberg
Rogers, Quebecor Rise Most Since 2020 After Sealing Mobile Deal
(Bloomberg) -- Shares of Quebecor Inc. and Rogers Communications Inc. jumped the most since 2020 after the companies reached a deal that would see Quebecor acquire wireless assets in Ontario and Western Canada. Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapBiden Says US Recession Avoidable After Call With Ex-Treasury Secretary SummersPutin May Win in Ukraine, But the Real War Is Just StartingHousing’s Slowdown Has Economy on the EdgeUS Futures Signal Rel
