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PRESS DIGEST-Canada - Dec 12

Reuters · 12/12/2023 14:00

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PRESS DIGEST-Canada - Dec 12

Dec 12 (Reuters) - The following are the top stories from selected Canadian . Reuters has verified these stories and does vouch for their accuracy.

THE GLOBE AND MAIL.

** Rogers Communications Inc RCIb.TO is selling its entire stake in Cogeco Inc and subsidiary Cogeco Communications Inc CCA.TO for C$829 million ($611.13 million) to the Caisse de dépôt et placement du Québec as the Toronto-based telecom looks to pay down debt after its takeover of Shaw Communications Inc.

** Money-losing store chain Mastermind Toys is seeking court approval for its plan to sell the business, saying that if the deal does go through soon, it may be forced to expand liquidation sales to all 66 stores across Canada.

($1 = 1.3565 Canadian dollars)

(Compiled by Bengaluru )

((globalnewsmonitoring@thomsonreuters.com))

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