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Stock impact report

TELUS Completes Privatization of TELUS Digital

TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT) 
Company Research Source: Business Wire
Successful transaction positions TELUS as a global leader in AI-powered digital customer experience and SaaS transformation across multiple industriesCloser integration expected to propel the growth trajectory of TELUS’ telecommunications, health, agriculture and consumer goods sectors, while giving TELUS Digital capacity to drive further growth opportunities across its external client baseOperational efficiencies expected to generate approximately $150 million annually VANCOUVER, British Columbia--(BUSINESS WIRE)--TELUS Corporation (“TELUS”) (TSX: T, NYSE: TU) and TELUS International (Cda) Inc. (“TELUS Digital”) (NYSE & TSX: TIXT) today announced the successful completion of TELUS’ previously announced acquisition of all outstanding multiple voting shares and subordinate voting shares of TELUS Digital not already owned by TELUS, for US$4.50 per share in cash and/or TELUS common shares, representing aggregate consideration of approximately US$539 million. Following closing, TELUS n Show less Read more
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