00:01:05 EDT Sat 12 Jul 2025
Enter Symbol
or Name
USA
CA



Telus International (Cda) Inc
Symbol TIXT
Shares Issued 114,086,378
Close 2025-06-13 C$ 4.91
Market Cap C$ 560,164,116
Recent Sedar Documents

Globe says Telus's offer for spinout seen as "logical"

2025-06-13 07:11 ET - In the News

See In the News (C-T) Telus Corp (2)

The Globe and Mail reports in its Friday edition that Telus's offer to buy back Telus Digital (Telus International) in a $400-million transaction is seen as an inevitable outcome by some analysts. The Globe's Irene Galea writes that Telus said that reacquiring its former spinout would allow it to accelerate its artificial intelligence and software capabilities across all its business lines. In a note to investors, Bank of Nova Scotia analyst Maher Yaghi called Telus's bid for its 2021 spinout "the logical thing to do. We believe Telus is serious about this offer. It is possible a sweetener could be required to get this over the finish line, but we also have many investors in TIXT that would likely be happy to move on and see positively, the immediate benefit of a quick liquidity event." Mr. Yaghi said the price offered, if accepted, will require Telus to disburse around $550-million to acquire minority shareholdings. However, Telus Digital still owes its parent company cash, meaning that Telus's net disbursements could be half of that amount after netting out the debt. National Bank analyst Richard Tse said the deal values Telus Digital at $2.3-billion (U.S.), calling that a reasonable valuation when compared with peers.

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