Bell Canada to sell 49.9% stake in wireless tower company TowerCo to La Caisse for C$2.45 billion

BCE's subsidiary Bell Canada has entered a definitive agreement to sell a 49.9% equity interest in newly formed wireless tower infrastructure company TowerCo to La Caisse for C$2.45 billion, valuing the entity at about C$4.91 billion. Bell retains a 50.1% controlling interest; TowerCo owns and operates more than 5,000 wireless infrastructure sites across Canada.

Detected & updated continuously · Source: Nebula