Deals
Shaw Communications to Buy ViaWest for $830 Million
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Shaw Communications Inc., a Canadian telecommunications and media company, agreed to acquire closely held ViaWest Inc. for $830 million to expand its technology offerings in western Canada.
Oak Hill Capital Partners LP is ViaWest’s majority shareholder. With the assumption of $370 million of ViaWest net debt, the deal has a value of $1.2 billion and represents about 13 times annualized adjusted earnings before interest, taxes, depreciation and amortization for the three months ended in June, Calgary-based Shaw said in a presentation today.