1206 GMT - BCE is looking at divestitures to lower its leverage levels. The Canadian telecom giant is targeting C$7 billion in asset monetizations in the 2024-25 period and currently it has pending Northwestel sale for up to C$1 billion and the MLSE sale for C$4.7 billion expected to close in 2H. Adam Shine of National Bank of Canada says other sales this year could include its 20% stake in NHL team Montreal Canadiens, the company's smart home business, and perhaps its two-way mobile radio business. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
February 07, 2025 07:07 ET (12:07 GMT)
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