Acquisition | TELUS INTERNATIONAL CDA INC | 5th November 2025
Initially announced on September 2, 2025 TELUS CORPORATION made a cash and stock offer for TELUS INTERNATIONAL CDA INC of USD 2.25 and 0.136 shares per TELUS INTERNATIONAL CDA INC share held. Based on the election results published on October 31, 2025, the final Consideration was not subject to proration.TELUS INTERNATIONAL CDA INC shareholders approved the Acquisition on October 27, 2025. The final order of the Supreme Court of British Columbia in respect of the transaction was granted on October 29, 2025. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on October 31, 2025. Trading in shares of TELUS INTERNATIONAL CDA INC is expected to be halted effective October 31, 2025. In the absence of an active market, the last close price will reflect the Deal Terms of the transaction.
The treatment below will be applied to the following indices:
- TELUS INTERNATIONAL CDA INC will be removed from the Index.
- The shares of TELUS CORPORATION (T.TO) will be increased according to the stock terms of the transaction.
- The cash portion of the transaction will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 05/11/2025
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