TELUS International (CDA) Explores Acquisition Proposal from Parent Company TELUS Corporation
- TELUS Digital Experience is evaluating an unsolicited acquisition proposal from its parent company, TELUS Corporation.
- A special committee of independent directors has been established to assess the acquisition proposal and explore alternatives.
- TELUS Digital remains focused on enhancing customer experiences through innovation despite ongoing acquisition discussions.
TELUS Digital Experience Initiates Evaluation of Acquisition Proposal from TELUS Corporation
TELUS Digital Experience (TIXT), a leader in advancing digital customer interactions, announces significant progress regarding an unsolicited acquisition proposal from its parent company, TELUS Corporation. The proposal, which was presented on June 11, 2025, seeks to acquire all outstanding multiple and subordinate voting shares of TELUS Digital not already owned by TELUS Corporation. In light of this development, TELUS Digital’s board takes proactive measures by establishing a special committee composed of six independent directors to thoroughly assess the proposal and explore alternative options.
The committee, co-chaired by the independent Lead Director and Audit Committee Chair, has engaged various advisors to ensure a comprehensive evaluation of the acquisition proposal. Among these advisors are McCarthy Tétrault LLP, providing legal counsel, BofA Securities, Inc., offering financial insights, and BMO Capital Markets, serving as an independent valuator. The committee underscores its commitment to transparency throughout this process and intends to keep stakeholders informed in accordance with applicable securities regulations in Canada and the United States. It emphasizes that no decisions have yet been made and cautions that there is no guarantee a binding offer or definitive agreement will materialize from the current discussions.
As TELUS Digital navigates this potential acquisition, the company remains focused on its core mission of delivering innovative digital transformations that enhance customer experiences. Central to this mission is their proprietary Fuel iXTM platform, which facilitates generative AI management across enterprises, demonstrating TELUS Digital's dedication to leveraging cutting-edge technology to improve service delivery. The company reassures shareholders that while their feedback is valued, immediate action is not required from them at this stage in the evaluation process.
In addition to the acquisition discussions, TELUS Digital continues to explore advancements in digital customer solutions. The commitment to innovation ensures that the company maintains its competitive edge in an evolving market. As developments unfold, stakeholders keenly anticipate further updates regarding the acquisition proposal and the strategic direction TELUS Digital will take moving forward.