Cable / Telecom News

Onex jumps into BCE bidding fray

TORONTO and MONTREAL – Canada’s largest private equity company, Onex Corp., announced today it is joining Canada Pension Plan Investment Board, Caisse de depot et placement du Quebec, and Kohlberg Kravis Roberts & Co. in their bid to take Bell Canada Enterprises private. “Onex is joining the consortium with the consent of BCE's Strategic Oversight Committee, a committee of independent directors established on April 20, 2007 to oversee the Company's evaluation of a range of strategic alternatives,” says Monday’s press release. “Onex is Canada's oldest and largest private equity firm and we are very pleased that they have joined our...