Antitrust Czar to File Appeal in Effort to Stop Rogers Deal

Rogers Communications Inc. logo displayed atop the the company's headquarters in Toronto, Ontario, Canada, on Sunday, Oct. 24, 2021. Canada’s antitrust watchdog plans to appeal a court ruling that gave approval to Rogers takeover of a rival in a last-ditch effort to halt the deal.

Photographer: Cole Burston/Bloomberg

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By Derek Decloet

December 30, 2022 at 9:06 PM UTC

Updated on

December 30, 2022 at 10:02 PM UTC

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Canada’s antitrust watchdog plans to appeal a court ruling that gave approval to Rogers Communications Inc.’s takeover of a rival, a last-ditch effort to halt one of the country’s biggest-ever corporate mergers.

Competition Commissioner Matthew Boswell will appeal the decision and is applying for an injunction to prevent Rogers from closing the C$20 billion ($14.8 billion) acquisition of Shaw Communications Inc., the two companies said Friday. The companies have a deadline of Jan. 31 to close their transaction and a related one with another cable and wireless company, Quebecor Inc.