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Rogers Considers Selling Stake in Sports Giant to Reduce Debt

Primul articol: 17 mar. 2026, 17:56 | Ultima actualizare: 17 mar. 2026, 17:56 | 1 sursa | 1 articol
#rogers#sportsbusiness#debtreduction

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Rogers Communications, a major Canadian telecommunications and media company, is reportedly exploring the sale of its stake in a large sports-related asset valued at $18 billion. This potential divestiture is being considered as a means to reduce the company's debt burden. TD Securities analysts have suggested that such a move would be a strategically sound financial decision for Rogers.

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Rogers May Sell Stake in $18 Billion Sports Giant to Cut Debt, TD Says Foto: Bloomberg
Bloomberg English Ari Altstedter 17 mar. 2026, 17:56 (acum 1 zi)

Rogers May Sell Stake in $18 Billion Sports Giant to Cut Debt, TD Says

Rogers Communications Inc. could sell off almost one-third of a C$25 billion ($18 billion) Canadian sports empire to pay down debt this year, according to analysts at TD Securities.

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