TELUS International (CDA) Inc (TIXT) News & EventsTIXTTELUS International (CDA) Inc

Telus Finalizes the Privatization of Telus Digital

Telus (TU) and Telus Digital (TIXT) today announced the successful completion of TELUS' previously announced acquisition of all outstanding multiple voting shares and subordinate voting shares of TELUS Digital not already owned by TELUS, for $4.50 per share in cash and/or TELUS common shares, representing aggregate consideration of approximately $539M. Following closing, TELUS now owns 100% of TELUS Digital. The subordinate voting shares of TELUS Digital are expected to be delisted shortly from both the Toronto Stock Exchange and the New York Stock Exchange. TELUS Digital has applied to cease to be a reporting issuer under applicable Canadian securities laws and will deregister the subordinate voting shares under the Securities Exchange Act of 1934.

Telus Digital anticipates possible delay in circular because of strike in Canada

Telus Digital (TIXT) announced that the Canada Post labour strike may delay postal delivery of physical copies of the management information circular and related materials in respect of its Special Meeting of shareholders scheduled to be held virtually at 9:00 a.m. (Vancouver time) on October 27, 2025 to consider the proposed arrangement with Telus (TU). Consistent with the Interim Order granted by the Supreme Court of British Columbia, Telus Digital also provided notice of the availability of the meeting materials in an advertisement in the National Post on October 7, 2025.

Telus to Purchase Complete Ownership of Telus Digital at $4.50 per Share

TELUS (TU) and TELUS International (TIXT) announced that they have entered into a definitive agreement for TELUS to acquire all of the outstanding multiple voting shares and subordinate voting shares of TELUS Digital not already owned by TELUS for $4.50 per share, reflecting aggregate consideration of $539M. The transaction has received the unanimous recommendation of a special committee of independent members of the board of directors of TELUS Digital and the unanimous approval of TELUS Digital's Board of Directors. If approved at the Special Meeting, subject to court approval, receipt of regulatory approval required under applicable foreign direct investment laws and other customary closing conditions, the transaction is expected to close in the fourth quarter of 2025. Following closing, TELUS Digital subordinate voting shares will be delisted from the NYSE and the Toronto Stock Exchange and it will cease to be a reporting issuer in all provinces and territories of Canada.