Report
Alex Zhao
EUR 101.80 For Business Accounts Only

Shaw Sells ViaWest on Attractive Terms, Buys More Spectrum; Shares Overvalued After FVE Increase

On June 13, Shaw Communications announced that it reached an agreement to sell wholly owned subsidiary ViaWest to Peak 10 Holding, a U.S.-based colocation and managed hosting service provider, for $1.675 billion, or about CAD 2.3 billion. The deal is scheduled to close by the end of fiscal 2017 and is subject to U.S. regulatory approval. ViaWest provides colocation and other cloud computing and security and compliance services in seven U.S. states and the Canadian province of Alberta. ViaWest is...
Underlying
Shaw Communications Inc. Class B

Shaw Communications is a communications and media company. Co. has four operating segments: consumer, which provides cable telecommunications and satellite video services to residential customers; business network services, which provides data networking, cable telecommunications, satellite video and fleet tracking services to businesses and public sector entities; business infrastructure services, which provides data centre colocation, cloud technology and managed Information Technology solutions to businesses; and media, which provides programming content.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Alex Zhao

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