2 to goBCE suitor Teachers' fund clears CCB hurdle -- 2 to go
COMPETITION BUREAU CLEARS ACQUISITION OF BCE BY INVESTOR GROUP LED BY TEACHERS', PROVIDENCE AND MADISON
BCE Inc. was today informed by the Canadian Competition Bureau that the bureau's review of the proposed acquisition of BCE by an investor group led by Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, Providence Equity Partners Inc. and Madison Dearborn Partners, LLC, has been completed favourably.
2 hurdles have been cleared today.
1- Approval from shareholders.
2- Approval from the Competition Bureau.