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Stock impact report

Telus retains TD Securities, Jefferies Securities to monetize healthcare unit [Globe and Mail, The (Toronto, Canada)]

Telus Corporation Ordinary Shares (TU) 
Last telus corporation ordinary shares earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: telus.com/en/about/investor-relations
of Telus Health, in a process that will include evaluating “all partnership structures” and may involve the identification of strategic partners. Last year, Telus Health president Navin Arora told The Globe and Mail the company was still exploring various structures for the monetization of that division, but said Telus would retain majority ownership for the foreseeable future. The company has a past record of seeking such arrangements. In 2016, Telus sold a 35-per-cent stake in Telus Digital to Baring Private Equity Asia, before taking the company public five years later. And last year, Telus sold a 49.9-per-cent stake of its tower subsidiary, Terrion, to the Caisse de dépôt et placement du Québec for $1.2-billion. Telus Health has long been part of Mr. Entwistle's ambitions to spin off the telecom's various divisions, the first of which took place in the public listing of Telus Digital in 2021. Telus executives snap up company shares in bid to signal confidence to investors Show less Read more
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