Skip to main content

The Globe and Mail

Report: U.S. investment company interested in MLSE

A report says a U.S. investment company is interested in buying MSLE, the parent company that owns the Toronto Maple Leafs hockey club.


A U.S. investment company is interested in buying the parent company of the Toronto Maple Leafs.

According to a report in Wednesday's Toronto Star, Providence Equity Partners is looking at the Ontario Teachers' Pension Plan's 80 per cent stake in Maple Leaf Sports & Entertainment.

It's not clear whether the private equity firm has made a formal offer.

Story continues below advertisement

Rogers Communications has also shown interest in purchasing MLSE.

It's believed Teachers' is asking $1.5-billion for its stake.

The Star says Rogers, Providence, Teachers and Maple Leaf Sports all declined to comment.

Providence, which is based in Rhode Island, manages more than $23-billion (U.S.) and has invested in more than 100 companies in 20 countries since it was formed in 1989.

Report an error
Comments are closed

We have closed comments on this story for legal reasons. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.