Barbara Shecter
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Veteran business correspondent at National Post/Financial Post. Coverage includes: finance, pensions, regulation, governance, ESG. bshecter@postmedia.com
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Carney investment summit attracts global asset manager backed by Australian super pensions Original
IFM Investors and Saudi Arabia's sovereign wealth vehicle are confirmed for the event in Toronto on Sept. 14 and 15 Mark Carney, centre, applauds as IFM Investors chair Cath Bowtell, left front, and CPPIB senior managing Deborah K. Orida shake hands during a signing ceremony as part of the Canadian-Australian pension funds investment initiative on March 4, 2026 in Sydney, Australia. Asset manager IFM has confirmed it will attend Carney's investment summit in Toronto this September.
Rogers signs deal for remaining MLSE stake to become sole owner
Rogers said it is purchasing the remaining outstanding stake in MLSE that it doesn't own. (Credit: Peter J. Thompson) Rogers Communications Inc. has struck a deal to become sole owner Maple Leaf Sports & Entertainment (MLSE), paying a premium to Kilmer Sports Inc. for its 25 per cent in a transaction that will allow Rogers to roll its multi-billion-dollar sports and media assets into a single entity.
Rogers signs deal for remaining MLSE stake to become sole owner
In a note to clients, he said he expects Rogers to sell a 25 to 30 per cent stake for proceeds of $6.5 billion. Valentini said that transaction could be announced by the end of this year and close in 2027 after league approvals. The combined transactions would allow Rogers to reduce its debt by $2.1 billion, the analyst said.
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