TSX:SOT.DB - Post Discussion
Post by
MARKOPOLIS on Aug 03, 2023 7:20pm
More bad news bell reducing space sot biggest tenant
Bell attributed its increased costs to severance expenses, a higher interest rate environment and an obligation it had to repurchase at fair value the minority interest in one of its joint venture equity investments.
LeBlanc, who is retiring as chief financial officer at the end of the month, said cost savings realized through Bell's "very aggressive workforce reduction program" were not reflected in the second quarter results and would instead show in the back half of the year.
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