CDPQ invests in Cogeco Communications
CDPQ announces an investment in Cogeco Communications Inc. (TSX:
“Already active with Cogeco Communications through past acquisitions, CDPQ is supporting the growth projects of this leading telecommunications company as connectivity needs continue to grow. This major share purchase, orchestrated by CDPQ, is key for the company and its plan to develop the North American market,” said Kim
Thomassin, Executive Vice-President and Head of Québec at CDPQ.
“We're delighted by an even stronger engagement by the CDPQ,” said Philippe
Jetté, President and Chief Executive Officer of Cogeco Inc. and Cogeco Communications Inc. “This transaction is a unique opportunity for us to build shareholder value while pursuing the delivery of our strategic plan,” added Mr. Jetté.
Cogeco is a growing competitive force in today’s telecommunications sector. Through its business units, Cogeco Connexion in Canada and Breezeline in the U.S., it provides Internet, video and telephone services in Québec, Ontario and 13
CDPQ first invested in Cogeco Communications in
ABOUT CDPQ
At CDPQ, we invest constructively to generate sustainable returns over the long term. As a global investment group managing funds for public pension and insurance plans, we work alongside our partners to build enterprises that drive performance and progress. We are active in the major financial markets, private equity, infrastructure, real estate and private debt. As at June
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À PROPOS DE COGECO COMMUNICATIONS INC.
Rooted in the communities it serves, Cogeco Communications Inc. is a growing competitive force in the North American telecommunications sector, serving 1.6
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For more information
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YOUANN BLOUINDirector, Media Relations & Strategic CommunicationsCogeco Communications inc.+1 514-297-2853