Rogers Communications Inc. announced it is now the largest owner of Maple Leaf Sports & Entertainment (MLSE), having boosted its stake to a 75% controlling interest. This follows the acquisition of Bell's 37.5% ownership stake in MLSE for C$4.7 billion, which closed effective July 1, 2025.
This strategic move positions Rogers, alongside MLSE, as one of the most prestigious sports and media companies globally, with estimated assets exceeding C$15 billion. Rogers aims to unlock this unrecognized value for shareholders through deleveraging post-MLSE purchase and exploring monetization options.
The company expects to find revenue and cost synergies by integrating the Toronto Blue Jays and Rogers Centre with MLSE's venues and teams. This consolidation significantly enhances Rogers' media portfolio and its unique value proposition centered on premium content and customer engagement.
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