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Calian acquires Galaxy Broadband in $51.5M deal to expand connectivity networks

Calian Group Ltd. has agreed to buy network provider Galaxy Broadband Communications for up to $51.5 million. The deal starts with a $24 million upfront payment to current owner Crown Capital Partners Inc. Calian could pay an additional $27.5 million over three years if specific business targets are met. Pending standard financial and regulatory approvals, the purchase is expected to close by the end of September 2026.

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