TELUS Completes Privatization of TELUS Digital

TELUS Corporation has successfully completed the privatization of TELUS Digital, acquiring all outstanding shares for US$4.50 per share, totaling approximately US$539 million. This acquisition positions TELUS as a global leader in AI-powered digital customer experience and SaaS transformation. The integration is expected to generate annual operational efficiencies of approximately $150 million and drive growth across TELUS' telecommunications, health, agriculture, and consumer goods sectors. The transaction was approved by TELUS Digital shareholders and received a final order from the Supreme Court of British Columbia. TELUS Digital's subordinate voting shares will be delisted from the Toronto Stock Exchange and the New York Stock Exchange.