Rogers Communications merges with Shaw Communications for $26 billion

Company

Rogers Communications Inc.

Law Firm / Organization
Goodmans LLP

On April 3, 2023, Rogers Communications Inc. finalized its significant merger with Shaw Communications Inc. in a transaction valued at approximately $26 billion. This union melds two of Canada’s prominent communication companies with over 50 years of history. In the past decade, they have jointly invested over $40 billion in developing world-class networks. As a consequence of this merger, the Shaw family is now among the primary shareholders of Rogers. Brad Shaw and Trevor English are poised for nomination to the Rogers Board, with appointments expected by April 4. This integration results in a national coast-to-coast entity, merging Canada's most expansive 5G network with a wireline company that offers fibre-powered internet to approximately 70% of Canadian homes. The combined entity aims to bundle a vast array of services for Canadians, encompassing internet, television, phone, smart home monitoring, wireless services, credit card offers, and more.

Merger & Acquisition
Tech/Computer/IT
$ 26,000,000,000
Closed
03 April 2023