Filed under: Deals, Madison Dearborn Partners, Providence Equity Partners, Engagements, Value and lack thereof

BCE Inc. (NYSE: BCE), Canada’s largest telecommunications company, announced on June 30, 2007, it agreed to be acquired by an investment arm of Ontario Instructors Pension, Providence Equity Partners and Madison Dearborn Partners for an announced deal price of $42.75 per share. The deal is expected to close in Q1 of 2008. The Deal said on December 17 that the deal is “awaiting regulatory approvals; apparently on course.” BCE closed at $39.17. BCE over all option implied volatility of 26 is above its 26-week average of 18 according to Track Data, suggesting larger risk.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

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This entry was posted on Monday, March 10th, 2008 at 11:10 am and is filed under Engagements and Deals News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.