Shaw closes $225 million deal to buy fibre net provider Enmax

CALGARY – Shaw Communications announced yesterday it has completed its acquisition of fibre-optics network provider Enmax Envision Inc. from Enmax Corp. for approximately $225 million. The transaction, announced by Shaw on April 8, expands the company’s business initiatives in Calgary and the surrounding area. “The combination of Enmax Envision and Shaw Business will create a strong value proposition for Calgary’s business community,” said Shaw CEO Brad Shaw in a release. “The addition of the Envision team and their expertise significantly enhances the profile of Shaw Business in the competitive Calgary business marketplace and demonstrates our resolve and commitment to invest...