Blackstone Closes CDN$7 Billion Equity Investment in Rogers Communications Inc.

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June 23, 2025 • 2 mins

Blackstone has completed a significant equity investment in Rogers Communications Inc., with Canadian institutional investors acquiring a non-controlling interest in a subsidiary that owns part of the company's wireless backhaul transport infrastructure. The investor group, led by Blackstone, includes major entities such as Canada Pension Plan Investment Board and Caisse de dépôt et placement du Québec. Blackstone's executives expressed enthusiasm for the transaction, highlighting their dedication to providing innovative capital solutions for corporations and the potential of Rogers' backhaul network to support mobile data usage trends.

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.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Blackstone Closes CDN$7 Billion Equity Investment in Rogers Communications Inc.