Quebecor Media buys part of Caisse stake for C$500 mln

September 9, 2015 1:11 PM

35 0

Sept 9 Telecommunications provider and publisher Quebecor Media Inc, a unit of Quebecor Inc, said it had bought 28.6 percent of Caisse de dépôt et placement du Québec's stake in the company for C$500 million ($377 million).

Quebecor Media said the 7.3 million shares, held by Caisse unit Capital d'Amérique Investissements, would be canceled.

Also read: Hillary Clinton's Popular Vote Lead Over Donald Trump Now Exceeds 2.3 Million

Read more

To category page

Loading...