Canada’s Rogers, Shaw say merger must be allowed to proceed

TORONTO: Rogers Communications Inc’s C$20 billion ($14.9 billion) acquisition of rival Shaw Communications Inc has been delayed long enough and must be allowed to proceed despite the competition bureau’s opposition, Rogers said in a legal filing on Tuesday.

Canada’s antitrust tribunal approved the transaction on Dec. 30 that would create the country’s second-largest telecom firm but the competition bureau later appealed the tribunal’s ruling.