Spinoff to skew TSE weighting

Article Abstract:

Montreal, Que.-based BCE Inc., which is led by president and chief executive officer Jean Monty, has spun off most of its 37% stake in Brampton, Ont.-based Nortel Networks Corp. BCE's move resulted in a dramatic rise for Nortel's weighting on the Toronto Stock Exchange.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Exchanges, Securities industry, Toronto Stock Exchange

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Nortel off BCE's 'leash'

Article Abstract:

Montreal, Que.-based BCE Inc. will spin off its telecommunications equipment unit, Brampton, Ont.-based Nortel Networks Corp. BCE, which is led by president and chief executive officer Jean Monty, will spin off over 90% of its 39.2 stake in Nortel.

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BCE dodges tech-stock plunge

Article Abstract:

Montreal, Quebec-based BCE Inc., which has reported strong third-quarter earnings, will reorganize its operations into four businesses. BCE will be divided into Bell Canada, Teleglobe Inc., BCE Emergis and a new media company.

Sales, profits & dividends

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