Blackstone: Rogers to trim debt by selling CAD$7 billion backhaul network stake to Blackstone
Rogers will retain control of its wireless backhaul network in the deal with Blackstone and other Canadian entities Canadian telecom operator Rogers has struck a deal with an investor group led by Blackstone, in which Blackstone will buy a stake in Rogers' wireless backhaul network in exchange for billions that Rogers will use to reduce [...]
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Blackstone is a New York-based investment management company that provides services such as financial advisory and asset management for individuals and businesses.
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