Rogers Communications Acquires Remaining 25% of MLSE For CA$4.35 Billion

02:44 PM EDT, 10/01/2026 (MT Newswires) -- Rogers Communications (RCI-B.TO) acquired the remaining 25% stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports, for CA$4.35 billion, the company said on Thursday. The move raises Rogers' ownership of MLSE to 100%. The company will create a new business unit, Rogers Sports, that brings Rogers sports, media and entertainment businesses together including MLSE and the Toronto Blue Jays, a statement said. Keith Pelley will remain president and chief executive of MLSE and Mark Shapiro will remain president and chief executive of the Toronto Blue Jays for now. "We're proud to bring these beloved teams together with the rest of Rogers to deliver more for fans, audiences, and customers," said Rogers Chief Executive Officer Tony Staffieri. "We know how much these teams mean to fans and we are fully committed to investing to build championship-calibre teams, to enhancing the fan experience, and to delivering compelling experiences for our customers." Rogers shares were were last seen down CA$0.39 at CA$43.43 on the Toronto Stock Exchange. Price: 43.43, Change: -0.39, Percent Change: -0.89