May 5 (Reuters) - Telus Corp T.TO
* Agreement values telus international at cad1.2 billion
* Intends to retain a long-term majority ownership position
in telus international
* According to agreement telus, corporation shareholders
retaining a 65 per cent interest in business
* Rothschild acted as sole financial advisor to telus for
transaction
* Proceeds of approximately cad600 million from this
transaction will be put to work on telus' long-term strategy
* Telus announces baring private equity asia to acquire 35
per cent stake in telus international
* Telus announces baring private equity asia to acquire 35
per cent stake in telus international
* Telus intends to retain a long-term majority ownership
position in telus international
Source text for Eikon: ID:nMKW3JrKMa
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