Industry Minister Approves Rogers’ Buyout of Shaw, With Some Conditions

Ethernet cables are seen in front of Rogers and Shaw Communications logos in this illustration on July 8, 2022. Reuters/Dado Ruvic/Illustrations

Industry Minister François-Philippe Champagne has approved Rogers Communications Inc.’s $26 billion buyout of Shaw Communications Inc. with a number of conditions.

Champagne’s approval of the buyout on March 31 ends the process of the Rogers-Shaw deal moving through various regulatory hurdles after it was initially announced over two years ago.