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Published Canada

Bell sells its stake in MLSE to Rogers for $4.7B

  • Rogers Communications has acquired Bell Canada Enterprises' 37.5% stake in Maple Leaf Sports & Entertainment for $4.7 billion, creating a majority stake in Canada's largest sports conglomerate.
  • "MLSE is one of the most prestigious sports and entertainment organizations in the world," stated Tony Staffieri, CEO of Rogers.
  • Bell expects the sale to finalize in mid-2025 and will maintain broadcast rights for 50% of Leafs' and Raptors' games.
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