Timeline: Canada gives final nod on C$20 bln Rogers-Shaw merger
[1/2] Ethernet cables are seen in front of Rogers and Shaw Communications logos in this illustration taken, July 8, 2022. REUTERS/Dado Ruvic/Illustrations
April 3 (Reuters) - Rogers Communications Inc (RCIb.TO) on Monday said it had closed the takeover of smaller rival Shaw Communications Inc (SJRb.TO), days after Canada gave its final approval for the C$20 billion ($14.87 billion) deal.
Minister of Innovation, Science and Industry Francois-Philippe Champagne agreed to the transfer of wireless licenses held by Shaw's Freedom Mobile unit to Quebecor Inc (QBRb.TO) under some conditions, paving the way to create Canada's no. 2 telecom company.
Quebecor announced it had closed the Freedom Mobile deal on Monday.
Here is the snapshot of key events in Rogers-Shaw merger:
($1 = 1.3453 Canadian dollars)
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