Shaw Communications
Inc. ("Shaw") SJR today announced that it has
entered into agreements to acquire ENMAX Envision Inc. ("Envision")
from ENMAX Corporation ("ENMAX") for approximately $225 million (the
"Transaction"). Envision is ENMAX Corporation's high-speed data
communications subsidiary, operating one of Calgary's largest
fibre-optic networks and specializing in providing large bandwidth
solutions to businesses that require a dedicated internet connection
or need to connect multiple locations over private networks.
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