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There are rumors that blackstone (BX.US) is nearing a $7 billion CAD acquisition of a minority stake in rogers communications (RCI.US) wireless infrastructure.
Sources revealed that blackstone group (BX.US) is about to reach an agreement to acquire a minority stake in some wireless infrastructure of rogers communications (RCI.US) for 7 billion Canadian dollars (equivalent to 5 billion US dollars).
Express News | blackstone is nearing a deal to acquire Rogers' network equity for $7 billion.
Blackstone Close to C$7 Billion Investment Deal With Rogers
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