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BCE buyers consider ditching deal

by last modified Dec 05, 2008

The proposed C$34.8bn ($27.3bn) buy-out of BCE, the Canadian telecoms giant, appeared less likely on Thursday as the private equity firms that agreed to the takeover debated instead whether to buy a minority stake in the company. Providence Equity Partners and the Ontario Teachers Pension Plan, which had originally agreed to purchase a combined 84% equity stake in BCE,...