0937 ET - Before Rogers Communications can unlock the value from Maple Leaf Sports & Entertainment, it first needs to buy the remaining 25% owned by Kilmer Sports. Scotiabank's Maher Yaghi says in a report that the current estimate for the quarter-interest in MLSE is C$3.3 billion. Rogers would then need to sell a minority interest to private equity or launch an IPO to unlock upside, he says. Yaghi thinks this could happen in the second half of next year, and "if done successfully this could unlock around C$5 a share in the stock." (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
October 24, 2025 09:38 ET (13:38 GMT)
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