La Caisse Sells 11% Stake in Cogeco Communications for $229 Million

Reuters
2026.01.26 22:54
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La Caisse has sold nearly 11% of its stake in Cogeco Communications for approximately $229 million at $67.45 per share. This sale is part of La Caisse's portfolio rebalancing strategy, and it will continue to be the largest holder of subordinate shares in Cogeco. The proceeds will be reinvested in Québec companies to foster their growth.