BCE Inc. (BCE), one of the leading telecommunications companies in Canada was fought under its weak performance and low valuation relative to its comparable peers, and in view of increasing pressure from its largest shareholder, the powerful Ontario Teachers ‘Pension Plan (Teachers’) . On 29 March 2007 it was reported that private equity firm Kohlberg Kravis & Roberts (KKR) had informal meetings with BCE executives in hopes of a friendly takeover bid for the company launches held. … Read more »

BCE Inc. (BCE), one of the leading telecommunications companies in Canada was fought under its weak performance and low valuation relative to its comparable peers, and in view of increasing pressure from its largest shareholder, the powerful Ontario Teachers ‘Pension Plan (Teachers’) . On 29 March 2007 it was reported that private equity firm Kohlberg Kravis & Roberts (KKR) had informal meetings with BCE executives in hopes of a friendly takeover bid for the company launches held. This is essentially BCE “in play” deal with the management team confirmed on 17 April 2007 indicated that it included the review of strategic alternatives, the discussions with various Canadian consortiums to explore the possibility of privatization. As the deadline approached the offer date, appeared four competing consortia, including three consortia of financial investors and strategic buyers. The case provides a good opportunity to discuss private equity investments and policies in a context of mergers and acquisitions. This case is a follow-up to Ivey case “BCE Inc.: Facing the Future”. Product # 909N15
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from
Stephen R. Foerster,
Heather Tobin
Source: Ivey Publishing
16 pages.
Publication Date: Jan 25, 2010. Prod #: 909N18-PDF-ENG
BCE Inc.: In Play HBR case solution

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