M&A Deal Summary

Rogers Communications Acquires Shaw Communications

On March 15, 2021, Rogers Communications acquired communications company Shaw Communications for 26.0B CAD

Acquisition Highlights
  • This is Rogers Communications’ 4th transaction in the Communications sector.
  • This is Rogers Communications’ 0th largest (disclosed) transaction.
  • This is Rogers Communications’ 15th transaction in Canada.
  • This is Rogers Communications’ 3rd transaction in Alberta.

M&A Deal Summary
Date 2021-03-15
Target Shaw Communications
Sector Communications
Buyer(s) Rogers Communications
Deal Type Add-on Acquisition
Deal Value 26.0B CAD
Advisor(s) TD Securities (Financial)
Davies Ward Phillips & Vineberg LLP
Wachtell, Lipton, Rosen & Katz (Legal)

Target

Shaw Communications

Calgary, Alberta, Canada
website
Shaw Communications is a provider of broadband cable television, Internet, digital phone and telecommunications services. Shaw Communications was founded in 1966 and is based in Calgary, Canada.

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Buyer(S) 1

Buyer

Rogers Communications

Toronto, Ontario, Canada

website

Category Company
Founded 1960
Sector Communications
Employees23,500
Revenue 15.4B CAD (2022)
DESCRIPTION

Rogers Communications is a diversified canadian communications and media company. It is a provider of wireless voice and data communications services and one of Canada's providers of cable television, high speed Internet and telephony services. Rogers Communications was founded in 1960 and is based in Toronto, Canada.

DEAL STATS #
Overall 15 of 16
Sector (Communications) 4 of 5
Type (Add-on Acquisition) 12 of 12
State (Alberta) 3 of 3
Country (Canada) 15 of 16
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-27 Tillsonburg Broadcasting

Tillsonburg, Ontario, Canada

Tillsonburg Broadcasting Co. Ltd. is an owns and operator of studios in Tillsonburg, Ontario. Owned and operated by the Lamers family, TBCL has been serving the large Southwestern Ontario radio broadcast market for over 60 years and is among one of the few remaining family-owned and operated commercial radio stations in Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-17 Freedom Mobile

Toronto, Ontario, Canada

Freedom Mobile is a wireless telecommunications provider founded on a simple pledge: Freedom from data overages and freedom from gouging. Freedom Mobile was founded in 2008 and is based in Toronto, Ontario.

Buy CA$2.9B
Mergr

Product

Company

Legal