TELUS Digital Urges Shareholders to Vote in Favor of Arrangement with TELUS Corporation
TELUS International (Cda) Inc. (TELUS Digital) has issued a reminder for shareholders to vote in favor of the proposed arrangement with TELUS Corporation. The arrangement involves TELUS acquiring all outstanding multiple voting shares and subordinate voting shares of TELUS Digital not already owned by TELUS for US$4.50 per share, totaling US$539 million. The special meeting of shareholders is scheduled for October 27, 2025. Leading proxy advisory firms, including Institutional Shareholder Services Inc. (ISS), have recommended shareholders vote in favor of the arrangement, which offers a 52.0% premium over the unaffected price on June 11, 2025. Shareholders can vote online or via telephone, with the proxy voting deadline set for October 23, 2025. The arrangement has received strong support from TELUS Digital’s independent Special Committee and Board of Directors.