2008-05-27ft.com

``Canada’s Supreme Court said on Monday it would let BCE quickly appeal against a ruling by a lower court that could scuttle the phone service provider’s proposed $52bn takeover. BCE, , the parent of Bell Canada, suffered a major setback last week when a Quebec appeals court sided with a group of its bondholders. The court ruled that BCE had not adequately considered their interests as part of its agreement to be taken over by a group of private equity investors.''



Comments: Be the first to add a comment

add a comment | go to forum thread