BCE completes US$3.2 billion acquisition of CTV

On April 1, 2011, BCE Inc. announced that it had completed its $3.2-billion acquisition of CTV. BCE announced in September 2010 that it would acquire 100% of CTV to accelerate the delivery of media to Canadians across multiple broadband platforms.The acquisition was financed in part by a syndicate of banks including Bank of Montreal, Royal Bank of Canada and The Toronto-Dominion Bank. Fasken Martineau advised the banks in this financing with a team that included Brian Wright, John Torrey, Marc Novello and Louise Kennedy.