Shaw M&A raises fears of meddling in Canadian dealmaking

Ethernet cables are seen in front of Rogers and Shaw Communications logos in this illustration taken, July 8, 2022.

TORONTO: Canada’s move to clear Rogers Communications Inc’s C$20bil (US$15bil or RM66.2bil) bid for Shaw Communications Inc after two years should have been a balm to markets.

Instead, dealmakers are worried about potential government intervention in mergers involving other sensitive sectors.