- TELUS Digital Experience is currently evaluating an unsolicited non-binding proposal from TELUS Corporation to acquire its shares.
- A special committee has been formed to review the proposal, with independent legal and financial advisors engaged.
- No decision has been made yet regarding the proposal, and TELUS Digital advises stakeholders to exercise caution.
TELUS Digital Experience (TIXT, Financial), a prominent global technology firm known for its expertise in digital customer experiences, has provided an update concerning an unsolicited non-binding proposal from TELUS Corporation (T, TU). The proposal, received on June 11, 2025, seeks to acquire all outstanding multiple voting shares and subordinate voting shares of TELUS Digital not currently owned by TELUS Corporation.
In response, TELUS Digital's board of directors has formed a special committee consisting of six independent directors to carefully review and evaluate the proposal and all relevant alternatives. This committee, co-chaired by the independent Lead Director and Audit Committee Chair, has retained the services of McCarthy TĂ©trault LLP as an independent legal advisor and BofA Securities, Inc. as a financial advisor.
Furthermore, BMO Capital Markets has been appointed as an independent valuator and financial advisor to the special committee, while FGS Longview will provide communications counsel. The selection of these firms was based on a thorough assessment of their independence, capabilities, reputation, and expertise in financial and valuation matters.
TELUS Digital emphasizes that no decisions have been made concerning the proposal. There is no guarantee of receiving a binding offer, executing a definitive agreement, or completing the transaction. Shareholders and other stakeholders are urged to exercise caution and stay informed as the situation develops. The special committee is committed to transparency and will share the independent valuator’s conclusions with shareholders according to applicable securities laws in Canada and the United States.
TELUS Digital continues to be an industry leader, offering integrated capabilities in customer experience management and digital solutions. The company remains committed to innovation and responsible technology deployment while fostering inclusive, thriving communities globally.
