BCE (TSE:BCE) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
BCE Inc. has announced the sale of its minority stake in Maple Leaf Sports and Entertainment (MLSE) to Rogers Communications for CA$4.7 billion, while securing a 20-year content rights agreement for TSN to broadcast major Toronto sports teams. This strategic move will allow BCE to reduce debt and focus on transforming into a tech-oriented company, maintaining its role in Canadian sports through ongoing team sponsorships and community initiatives.
For further insights into TSE:BCE stock, check out TipRanks’ Stock Analysis page.
