BCE Inc. (BCE), among Canada's leading telecom business, had actually had a hard time under its weak stock cost efficiency and low evaluation relative to its equivalent peers, and dealt with enhancing pressure from its biggest investor, the effective Ontario Educators' Pension (Educators'). On March 29, 2007, it was reported that personal equity company Kohlberg Kravis & Roberts (KKR) had actually held casual conferences with BCE executives in the hopes of releasing a friendly takeover quote for the business.
This basically put BCE "in play" with the leadership group verifying, on April 17, 2007, that it would be examining its tactical options, which consisted of conversations with numerous Canadian-led consortiums to check out the possibility of a privatization. This case scenario is a follow-up to Ivey case "BCE Inc.: Facing the Future," item # 909N15.
PUBLICATION DATE: January 25, 2010 PRODUCT #: 909N18-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING