Bell to gain full stake in Toronto data center operator Q9 Networks
BCE Inc. (Bell; TSX: BCE, NYSE:BCE) says it will acquire the 64.6% equity it does not already own in Q9 Networks Inc., a Toronto-based data center operator. Bell values the transaction at approximately CAN$675 million for the equity, a figure that includes Q9's net debt but not Bell's present ownership interest. The transaction is expected to close before the end of this year.