Filed under: Deals, Madison Dearborn Partners, Providence Equity Partners, Engagements

BCE Inc. (NYSE: BCE), Canada’s largest telecommunications company, announced on June 30, 2007, that it agreed to be acquired by an investment arm of Ontario Teachers Pension, Providence Equity Partners and Madison Dearborn Partners for an announced deal price of $42.75 per share.

BCE shut at $36.23. The Canadian Radio-television and Telecommunications Commission has scheduled a Feb. 25 hearing to analyze the deal. The Federal Communications Commissions cleared the deal on Dec. 20. BCE over all option implied volatility of 44 is above its 26-week average of 22 according to Track Data, suggesting bigger movement.

M&A Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

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This entry was posted on Sunday, March 30th, 2008 at 4:09 pm 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.