BCE deal collapses

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CANADA - The long running C$45bn (US$36bn) buyout deal between the Ontario Teachers Pension Plan-led (OTPP) consortium and Bell Canada Enterprises (BCE) has collapsed due to solvency concerns.

In a statement, BCE Acquisition - the coalition of investors behind the deal - said solvency conditions, which were a prerequisite to the completion of any deal, were not met in the opinion of its ...

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