Bell Canada completed its take-over bid for all of the issued and outstanding common shares of Nexxlink Technologies Inc., a provider of integrated information technology solutions.  The offer made by 4257049 Canada Inc., a wholly-owned subsidiary of Bell Canada, expired on February 21, 2005.  The shares tendered to the bid represented approximately 89.2% of the aggregate number of common shares outstanding of Nexxlink.  On April 7, 2005, Nexxlink became a wholly-owned subsidiary of Bell Canada as a result of its amalgamation with 4257049 Canada Inc. which was approved at a special shareholders’ meeting held on that date and called for that purpose.  The aggregate value of the transaction was approximately $67 million.

Bell Canada was represented by Michel Lalande, Vice President, General Counsel, and by Miguel Baz, senior counsel, with support from a team from Davies Ward Phillips & Vineberg LLP that included Sylvain Cossette and Olivier Désilets (corporate) and Alan Shragie, Mario Cavalancia and Fred Purkey (tax) in Montreal and Peter Hong and Christian Gauthier (corporate) in Toronto.