Tuesday, June 5, 2007

UPDATE 1-Teachers', Providence in talks to take BCE private

(Reuters) - BCE said the pension fund's private investment arm and
Providence have signed non-disclosure and standstill agreements
with the company "on a non-exclusive basis".




Teachers' has been mulling an offer for BCE and earlier on
Tuesday announced that it had raised its stake in the firm, the
parent of phone company Bell Canada, to 6.3 percent from 5.3
percent it held as of March. It now owns 50.8 million shares.


Read more at Reuters.com Mergers News

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