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Telus Corp. agrees to buy back Telus Digital for $539 million to boost AI and SaaS growth.
Telus Corp., a Canadian telecom company, has agreed to acquire the remaining shares of Telus Digital for $539 million, reversing its 2021 decision to spin off the business.
The deal, priced at $4.50 per share, aims to enhance Telus's AI capabilities and SaaS transformation, boosting its global growth in key sectors like finance, gaming, and healthcare.
The acquisition requires approval from Telus Digital shareholders.
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Telus Corp. acepta recomprar Telus Digital por $ 539 millones para impulsar el crecimiento de AI y SaaS.