Rogers Communications Inc. has signed an agreement to acquire the remaining 25% ownership stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports Inc., bringing Rogers to 100% control of the sports and entertainment company. Multiple outlets report the deal is valued at C$4.35 billion (about $3.1 billion), and it represents the final step in Rogers’ consolidation of what it already owns in MLSE. The acquisition is described as expanding Rogers’ role in major Canadian sports holdings, including teams and related sports and entertainment assets associated with MLSE. Financial reporting also notes the transaction gives Rogers full ownership of Canada’s largest sports empire. In addition, one outlet reports that Rogers plans to sell a minority stake in the consolidated sports and entertainment business over the following year, following the move to full control. Separate coverage frames the transaction as part of a broader shift in Canada’s professional sports ownership and business landscape, with telecommunications and media companies increasing their investment and influence. The agreement is reported as announced Monday, with the stake transfer tied to Kilmer Group’s Kilmer Sports interests.