Bell privatization not a done deal: Analysts

摘要

The proposed takeover of Bell Canada Enterprises (BCE) Inc. by a consortium led by a teachers' pension fund may fall through, now that the Quebec Court of Appeal has sided with investors holding BCE bonds who opposed the deal. "This thing could potentially derail the whole thing," Ronald Gruia, Toronto-based principal analyst and senior consultant for information and communications technologies at Frost & Sullivan, said of the appeal court's decision last month. This decision overturned a decision by Quebec Superior Court March 7 that gave BCE and its would-be buyers to go ahead with the plan of arrangement originally inked nearly a year ago.