TELUS International (CDA) Considers Acquisition Proposal from Parent TELUS Corporation
- TELUS Digital Experience is reviewing an acquisition proposal from its parent company, TELUS Corporation, for outstanding shares.
- A special committee of independent directors has been formed to evaluate the proposal and explore alternatives.
- TELUS Digital emphasizes transparency and stakeholder engagement, with no definitive decisions made regarding the acquisition at this time.
TELUS Digital Experience Evaluates Acquisition Proposal from TELUS Corporation
TELUS Digital Experience (TIXT), a leader in enhancing digital customer interactions, is currently reviewing an unsolicited acquisition proposal from its parent company, TELUS Corporation. The proposal, first presented on June 11, 2025, seeks to acquire all outstanding multiple and subordinate voting shares of TELUS Digital not already held by TELUS Corporation. In response to this significant development, TELUS Digital's board has established a special committee comprising six independent directors, tasked with thoroughly evaluating the proposal and exploring alternative options. This careful examination reflects the company's commitment to ensuring that any decision made serves the best interests of its stakeholders.
The special committee, co-chaired by the independent Lead Director and Audit Committee Chair, has enlisted the expertise of several advisors. Legal counsel is being provided by McCarthy Tétrault LLP, while BofA Securities, Inc. offers financial advice, and BMO Capital Markets acts as an independent valuator. The committee emphasizes a transparent process, assuring stakeholders that they will share their findings in compliance with applicable securities laws in Canada and the U.S. TELUS Digital underscores that, at this stage, no definitive decisions have been made regarding the acquisition proposal, and there is no guarantee that a binding offer will materialize. The company urges shareholders to remain engaged, although immediate action is not required from them at this time.
Amidst this evaluation process, TELUS Digital remains focused on its core mission of delivering innovative digital transformations. The company continues to leverage its proprietary Fuel iXTM platform, which enhances generative AI management for enterprises, enabling them to improve customer experiences significantly. As TELUS Digital navigates this potential acquisition, it is essential for the company to balance stakeholder interests with its strategic objectives, ensuring that any future direction aligns with its commitment to innovation and excellence in the digital landscape.
In addition to the acquisition discussions, TELUS Digital's commitment to innovation is evident in its ongoing projects aimed at enhancing customer interactions. The company's engagement with cutting-edge technology positions it well in a competitive digital landscape, where customer experience continues to be a primary focus. The outcome of the acquisition proposal evaluation will be crucial not only for TELUS Digital's future but also for its ability to maintain its leadership in the rapidly evolving technology sector.