Rogers-Shaw M&A approval raises prospects of political meddling in Canadian dealmaking

Published on 2 Apr 2023 on Reuters via Yahoo Finance

Rogers-Shaw M&A approval raises prospects of political meddling in Canadian dealmaking

(This April 2 story has been corrected to change 'disagree' to 'agree' in the quote, in paragraph 9)

By Maiya Keidan and Divya Rajagopal

TORONTO (Reuters) - Canada's move to clear Rogers Communications Inc's C$20 billion ($15 billion) bid for Shaw Communications Inc after two years should have been a balm to markets. Instead, dealmakers are worried about potential government intervention in mergers involving other sensitive sectors.

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