Public M&A

“I would rank Davies as number one in Canadian M&A and corporate finance.”
Client – Chambers Canada 2020

When the stakes are highest and the issues complex, we forge the right path to get your most critical deals done. Whether negotiated or hostile, bet-the-company or leveraged buyout, we are rigorous in execution, tackling issues with clarity and speed.

Immersing ourselves in your concerns, we use our expertise to help score groundbreaking victories, whether on unsolicited bids, takeover defence or shareholder activism, so that you can realize the full potential of your transaction.

In highly sensitive situations, boards, special committees, target companies and acquirers turn to our team for our incisive counsel on governance and shareholder engagement issues.

At the forefront of dealmaking, we stay committed and focused to get your deal done. In the past five years, we advised on 93 announced deals with a value of more than US$290 billion (MergerMarket).

Representative Work

Red 5 Limited, 2024

Acting as Canadian counsel to Red 5 Limited, an Australia-based gold miner, in a merger of equals with Silver Lake Resources, creating a leading mid-tier gold company with a combined value of approximately A$2.2 billion.

Blackstone Inc., 2024

Acting for Blackstone in its US$3.5-billion take-private acquisition of Tricon Residential Inc., an owner, operator and developer of a portfolio of approximately 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Toronto.

Red 5 Limited, 2024

Acting as Canadian counsel to Red 5 Limited, an Australia-based gold miner, in a merger of equals with Silver Lake Resources, creating a leading mid-tier gold company with a combined value of approximately A$2.2 billion.

Blackstone Inc., 2024

Acting for Blackstone in its US$3.5-billion take-private acquisition of Tricon Residential Inc., an owner, operator and developer of a portfolio of approximately 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Toronto.

Sumanic Investments, 2023

Acted for Sumanic Investments, the controlling shareholder of Logistec Inc., in the $1.2-billion acquisition of Logistec by Blue Wolf Capital Partners. 

Ember Infrastructure Management, LP, 2023

Acted for funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, in its $395-million acquisition of H2O Innovation Inc., a TSX-listed company, by way of statutory plan of arrangement under the Canada Business Corporations Act, and the associated rollover of shares by Investissement Québec, Caisse de dépôt et placement du Québec and management.

Partners Value Investments LP and Partners Value Investments Inc., 2023

Acted for the special committees of Partners Value Investments LP and Partners Value Investments Inc. in a reorganization with Partners Limited, to be implemented by way of a court-approved plan of arrangement.

IOU Financial Inc., 2023

Acted for IOU Financial Inc., a fintech company listed on the TSX-V, in its sale to 9494-3677 Québec Inc., a corporation created by a group composed of funds managed by Neuberger Berman, Palos Capital and Fintech Ventures, for an all-cash consideration.

Tecpetrol Investments S.L., 2023

Acted for Tecpetrol Investments S.L. in its successful unsolicited take-over bid to acquire Alpha Lithium Corporation for C$310 million.

BELLUS Health Inc., 2023

Acted for BELLUS Health Inc. in its US$2-billion sale to GSK plc, a British-based pharmaceutical company.

Copper Mountain Mining Corporation, 2023

Acted for Copper Mountain Mining Corporation in its US$439-million all-share acquisition by Hudbay Minerals Inc. by way of a court approved plan of arrangement.

LKQ Corporation, 2023

Acted as Canadian counsel to LKQ Corporation in its C$2.8-billion acquisition of Uni-Select Inc.

Velan Inc., 2023

Acted for Velan Inc., a global leading manufacturer of industrial valves, in its $329-million all-cash sale and privatization by way of plan of arrangement by Flowserve Corporation, one of the world’s leading providers of fluid motion and control products and services.

Kroll, LLC, 2023

Acted for Kroll, the independent financial advisor to Hut 8, in connection with its merger with U.S. Data Mining Group, Inc. doing business as US Bitcoin Corp, to establish “New Hut”, a large scale, publicly traded Bitcoin miner.

TotalEnergies EP Canada Ltd., 2023

Acted for TotalEnergies EP Canada Ltd., a subsidiary of TotalEnergies SE, in connection with its acquisition of an additional 6.65% working interest in the Fort Hills oils sands project located approximately 90 km north of Fort McMurray, Alberta.

ShockWave Medical, Inc., 2023

Acted as Canadian counsel to Nasdaq-listed Shockwave Medical, Inc., in its acquisition of Nasdaq- and TSX-listed British Columbia–based Neovasc Inc., for a total transaction value of up to US$147 million consisting of a purchase price per share of cash and a contingent value right.

Canaccord Genuity Group Inc., 2023

Acted for the special committee of the board of directors of Canaccord Genuity Group Inc. in connection with management’s proposed takeover bid for the common shares of Canaccord.

Agnico Eagle Mines Limited, 2022

Acted for Agnico Eagle Mines Limited in its joint topping bid with Pan American Silver Corp. for the US$4.8-billion acquisition of Yamana Gold Inc., pursuant to which Pan American acquired all of the issued and outstanding common shares of Yamana and Agnico Eagle acquired Yamana's Canadian assets (including its interest in the Canadian Malartic mine).

Cornerstone Capital Resources Inc., 2022

Acted for Cornerstone Capital Resources Inc. in its merger with SolGold plc under a court-approved plan of arrangement, consolidating ownership of the Cascabel project in northern Ecuador.

Recipe Unlimited Corporation, 2022

Acted for the special committee of the board of directors of Recipe Unlimited Corporation, Canada's largest full-service restaurant company, in the sale of Recipe to Fairfax Financial Holdings Limited, a deal that values Recipe at approximately $1.2 billion.

J.P. Morgan Securities LLC, 2022

Acted as Canadian counsel to J.P. Morgan Securities LLC, financial adviser to Semtech Corporation, in Semtech’s acquisition of Sierra Wireless, Inc., a company valued at approximately US$1.2 billion.

BMO Capital Markets, 2022

Acted for BMO Capital Markets, in connection with its formal valuation and fairness opinion to the special committee of Aris Gold Corporation, regarding Aris Gold's merger with GCM Mining Corp. to create a leading American gold producer.

Shaw Communications Inc., 2022

Acted for Shaw Communications Inc. in its joint C$2.85-billion sale with Rogers Communications Inc. of Freedom Mobile Inc. to Videotron Ltd., a subsidiary of Québecor Inc.

Points.com Inc., 2022

Acted for Points.com Inc., the global leader in powering loyalty commerce, in its sale by plan of arrangement to Plusgrade Parent L.P. in an all-cash transaction valuing Points at US$385 million.

Cormark Securities, 2022

Acted as counsel to Cormark Securities in its role as the independent financial advisor to the special committee of Nomad Royalty Company Ltd. in its C$755-million sale to Sandstorm Gold Ltd.

The Pallinghurst Group, 2022

Acted for Pallinghurst Lithium Limited, a UK-based private investor in the global natural resources sector, in the exchange of its indirect 25% ownership interest in Québec-based Nemaska Lithium Inc. for shares of Livent Corporation.

National Bank Financial Inc., 2022

Acted for National Bank Financial Inc. in its capacity as independent financial adviser to the board of directors of Intertape Polymer Group Inc. in its US$2.6-billion sale to Clearwater Capital Group, L.P.

Enerflex Ltd., 2022

Acted as Canadian financing counsel to Enerflex Ltd. in establishing a US$700-million revolving credit facility, a US$150-million term loan and a US$925-million bridge credit facility for its US$735-million business combination with Exterran Corporation to create a premier integrated global provider of energy infrastructure.

Cominar REIT, 2022

Acted for Cominar REIT, one of Canada's largest diversified real estate investment trusts and the largest commercial property owner in Québec, in its C$5.7-billion sale to Iris Acquisition II LP, which is an entity created by a consortium led by Canderel Real Estate Property Inc., one of Canada's largest privately held real estate companies.

Russel Metals Inc., 2021

Acted for Russel Metals Inc. in its US$110-million acquisition of Boyd Metals, a metal services centre operator with locations in Arkansas, Missouri, Oklahoma and Texas.

Lithium Royalty Corp., 2021

Acted for Lithium Royalty Corp. (LRC) in connection with its right to purchase a 60% interest in the Moblan mining project held by Guo Ao Lithium Ltd. for US$86.5 million, which right was assigned from LRC to Sayona Mining prior to closing.

Agnico Eagle Mines Limited, 2021

Acted for Agnico Eagle Mines Limited in its merger with Kirkland Lake Gold Ltd. to create a $30-billion combined company and the gold industry's highest-quality senior producer.

Kansas City Southern, 2021

Acted as Canadian counsel to Kansas City Southern in its transformative US$31-billion merger with Canada Pacific Railway to create the first U.S.-Mexico-Canada rail network.

Nevada Gold Mines, 2021

Acted for Nevada Gold Mines (NGM), the Barrick-Newmont joint venture, in its asset exchange agreement to acquire the remaining 40% of the South Arturo property from i-80 Gold Corp in exchange for NGM's Lone Tree and Buffalo Mountain Properties, and in its conditional up to $50-million private placement in i-80 common shares.

RIV Capital Inc., 2021

Acted for RIV Capital Inc., an acquisition and investment company specializing in cannabis, in connection with the US$150-million strategic investment by The Hawthorne Collective, a subsidiary of The Scotts Miracle-Gro Company.

Greenhill & Co. Canada, Ltd., 2021

Acting for Greenhill & Co. Canada, Ltd., in its provision of a long form fairness opinion to the board of directors of Score Media and Gaming, Inc. (theScore), a leading digital media and sports betting and technology company, in theScore's acquisition by Penn National Gaming, Inc. for approximately US$2 billion in cash and stock.

Ali Holding S.r.l., 2021

Acted as Canadian regulatory counsel to Ali Holding S.r.l. in its US$3.5-billion merger with Welbilt, Inc.

Roxgold Inc., 2021

Acted for Roxgold Inc. in its C$1.1-billion business combination with Fortuna Silver Mines Inc. to create a premier growth-oriented global intermediate gold and silver producer.

Sprott Resource Streaming and Royalty Corp., 2021

Acted for Sprott Resource Streaming and Royalty Corp. in the acquisition by Sprott Private Resource Stream Fund and its joint venture partner, Electric Royalties Ltd., of a gross metal royalty on the Mid-Tennessee Zinc mine located in Smith County, Tennessee from Globex Mining Enterprises Inc.

Russel Metals Inc., 2021

Acted for Russel Metals Inc., one of the largest metals distribution companies in North America, in its joint venture with Marubeni-Itochu Tubulars America Inc. whereby each company combined their respective Canadian OCTG/line pipe business into a newly incorporated company, named TriMark Tubulars Ltd.

Moka Financial Technologies Inc., 2021

Acted as special Canadian and U.S. securities law and tax counsel to Moka Financial Technologies Inc. in its sale to Mogo Inc., a digital payments and financial technology company listed on the TSX and Nasdaq, in a share-for-share transaction valuing Moka at approximately $50 million.

New Look Vision Group Inc., 2021

Acted for New Look Vision Group Inc. in its $800-million sale to NL1 AcquireCo Inc., an entity created by funds managed by FFL Partners, LLC, a San Francisco-based private equity firm, Caisse de dépôt et placement du Québec and the Dr. H. Doug Barnes Family.

Shaw Communications Inc., 2021

Acted for Shaw Communications Inc. in the acquisition by Rogers Communications Inc. of all of Shaw's issued and outstanding Class A and Class B shares in a transaction valued at approximately C$26 billion, including debt, representing a significant premium for Shaw's shareholders.

Rothschild & Co., 2021

Advised Rothschild & Co. in its provision of a long form fairness opinion to the special committee and board of directors of GT Gold Corp. in GT Gold's acquisition by Newmont Corporation for approximately $393 million.

J.P. Morgan Securities Canada Inc. and TD Securities Inc., 2021

Acted for J.P. Morgan Securities Canada Inc. and TD Securities Inc., the financial advisors to the special committee and board of directors of Inter Pipeline Ltd., Canada's fourth-largest pipeline company, in connection with the unsolicited bid, and subsequent acquisition, by Brookfield Infrastructure Partners LP, including with respect to their inadequacy opinions.

Wattpad Corp., 2021

Acted for Wattpad Corp., a global multi-platform storytelling entertainment company headquartered in Canada, in its acquisition by Naver Corporation, a public South Korean Internet conglomerate. This transaction is valued at more than US$600 million.

Agnico Eagle Mines Limited, 2021

Acted for Agnico Eagle Mines Limited in its all-cash acquisition of TMAC Resources Inc. by way of assignment to Agnico Eagle from Shandong Gold of an arrangement agreement between Shandong Gold and TMAC pursuant to a court-approved plan of arrangement under the Business Corporations Act (Ontario). The transaction had a total equity value of approximately C$287 million and, in connection with the acquisition, Agnico Eagle also retired TMAC's outstanding debt and deferred interest of approximately US$135 million.

Alexion Pharmaceuticals Inc., 2021

Acted as Canadian competition counsel for Alexion Pharmaceuticals Inc., a global biopharmaceutical company focused on rare disorders therapies, in its US$39-billion acquisition by AstraZeneca plc, a UK-based biopharmaceutical company focused on prescription medicines.

Premium Brands Holdings Corporation, 2021

Acted for Premium Brands Holdings Corporation in its groundbreaking partnership with a coalition of Mi'kmaq First Nations to jointly acquire Clearwater Seafoods Incorporated, Atlantic Canada's largest wild seafood company, for approximately $1 billion.

Alstom S.A., 2021

Acted as Canadian counsel to Alstom S.A. in its EUR4.4-billion strategic acquisition of Bombardier Transportation.

Waste Management Inc., 2021

Acted as Canadian counsel to Waste Management Inc., one of the leading residential waste and recycling companies in North America, in its sale of certain assets in Canada to GFL Environmental Inc.

IAMGold Corporation, 2021

Acted for IAMGold Corporation in negotiating and entering into a voting support agreement in connection with the acquisition by Dundee Precious Metals Inc. of all of the outstanding shares of INV Metals Inc. not already owned by Dundee Precious Metals.

Special Committee of RIV Capital Inc. (formerly Canopy Rivers Inc.), 2020

Acted as counsel to the special committee of RIV Capital Inc. (formerly Canopy Rivers Inc.), a venture capital firm specializing in cannabis, in its plan of arrangement with Canopy Growth Corporation, involving the collapse of its dual-class share structure and the transfer of three of its portfolio assets for a total transaction value of approximately $297 million.

Jefferies LLC, 2020

Acted for Jefferies LLC, as financial advisor to Aphria Inc., in the merger of Aphria and Tilray, Inc. to create the world's largest global cannabis company based on pro forma revenue.

People Corporation, 2020

Acted for the special committee of the board of directors of People Corporation in connection with the $1.2-billion acquisition of People Corporation, by way of a plan of arrangement, by investment funds managed by Goldman Sachs Merchant Banking.

Input Capital Corp., 2020

Acted for the independent committee of the board of directors of Input Capital Corp. in its acquisition of all the issued and outstanding shares of SRG Security Resource Group Inc.. in exchange for 50% cash and 50% shares of Input Capital.

S&P Global Inc., 2020

Acted for S&P Global Inc. on Canadian regulatory matters in connection with its US$44-billion all-stock merger with IHS Markit.

Tryg A/S, 2020

Acted as Canadian counsel to Tryg A/S in connection with its £7.2-billion joint bid with Intact Financial Corporation to acquire RSA Insurance Group plc.

Foundation Building Materials, Inc. and Lone Star Funds, 2020

Acted for Foundation Building Materials, Inc. (FBM) and Lone Star Funds (LSF) in the US$1.37-billion acquisition of all outstanding FBM shares by an affiliate of American Securities LLC.

AirBoss of America Corp., 2020

Acted for AirBoss of America Corp. in its acquisition of the 45% minority interest in AirBoss Defense Group that it did not own from Critical Solutions Holdings, LLC.

Bonterra Energy Corp., 2020

Acted for the special committee of the board of directors of Bonterra Energy Corp. in its response to Obsidian Energy Ltd.'s unsolicited takeover bid to acquire Bonterra.

The Pallinghurst Group, 2020

Acted for The Pallinghurst Group, a private investor in the global natural resources sector, in its joint 50-50 acquisition with Investissement Québec of Québec-based Nemaska Lithium Inc. pursuant to a sales process under the Companies' Creditors Arrangement Act. The acquisition was structured as a credit bid with Nemaska's largest secured creditor, Orion Mine Finance, and achieved through a reverse vesting order granted by the Superior Court of Québec and upheld by the Québec Court of Appeal.

Glanbia plc, 2020

Acted for Glanbia plc, a global nutrition group, in its acquisition of Foodarom Group, a Québec-based specialist flavours solutions business.

SEMAFO Inc., 2020

Acted as counsel to SEMAFO Inc. in its US$2.1-billion business combination with Endeavour Mining Corporation by way of plan of arrangement under the Business Corporations Act (Québec).

Bellus Health Inc., 2020

Acted for Bellus Health Inc. in its acquisition of the BLU-5937 and related P2X3 antagonists intellectual property assets from adMare BioInnovations' NEOMED Institute.

BMO Capital Markets, 2020

Acted for BMO Capital Markets, in its fairness opinion to the board of directors of Equinox Gold Corp., regarding its plan of arrangement with Leagold Mining Corporation.

Knight Therapeutics Inc., 2020

Acted for Knight Therapeutics Inc. in its transformative acquisition of all of the issued and outstanding shares of Biotoscana Investments S.A., a Luxembourg company listed on the Brazilian stock exchange, for an aggregate purchase price of $369 million.

Cornerstone Capital Resources Inc., 2020

Acted for Cornerstone Capital Resources Inc. in its successful defence of the hostile bid launched by SolGold plc for Cornerstone, including Cornerstone's proposed requisition of a meeting of SolGold to change the board of SolGold.

Meggitt plc, 2020

Acted as Canadian counsel to Meggitt PLC, a U.K.-listed maker of components and sub-systems for the aerospace, defence and selected energy markets, in the US$146-million sale of its U.S. subsidiary, Meggitt Training Systems, to private equity firm Pine Island Capital Partners LLC.

Alimentation Couche-Tard Inc., 2020

Acting as Canadian counsel to Alimentation Couche-Tard Inc. ("Couche-Tard") in connection with its further revised non-binding, indicative offer made on February 12, 2020 to the Board of Caltex to acquire 100% of Caltex by way of scheme of arrangement.

The Blackstone Group Inc., 2019

Acted for real estate funds managed by The Blackstone Group Inc. and their affiliates in Blackstone's $6.2-billion all-cash acquisition of Dream Global Real Estate Investment Trust and the separation of its external asset manager, Dream Asset Management.

Mantle Ridge LP, 2019

Acted for Mantle Ridge LP in its accumulation of a material equity stake in Aramark and subsequent agreement with Aramark providing for the appointment of 6 new directors, including John Zillmer who was also appointed CEO, and Paul Hilal, founder and CEO of Mantle Ridge LP, who was also appointed as Vice Chairman of the board.

Barrick Gold Corporation, 2019

Acted for Barrick Gold Corporation in its US$428-million acquisition of all of the outstanding shares of Acacia Mining plc (Acacia) not already owned by Barrick by way of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (United Kingdom).

The Pallinghurst Group, 2019

Acting as counsel for The Pallinghurst Group, a global metals and mining industry investor, in its proposed equity investment in Nemaska Lithium Inc. to help fund Nemaska's Whabouchi project in Québec.

BMO Nesbitt Burns Inc., 2019

Acted as counsel to BMO Nesbitt Burns Inc. in its delivery of an independent fairness opinion to the board of Transat A.T. Inc. in respect of its proposed acquisition by Air Canada.

Wexford Capital LP, 2019

Acted for Wexford Capital LP, the majority shareholder of Sailfish Royalty Corp., in Sailfish's proposed acquisition of Terraco Gold Corp. pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) and the related 19.9% private placement by Wexford into Terraco.

Lundin Mining Corporation, 2019

Acted for Lundin Mining Corporation in its AUD$4.3-million subscription for 14.3% of the shares of PolarX Limited, which secures an option for Lundin Mining to earn a 51% interest in PolarX's Stellar Project by staged spending of US$24 million on exploration and staged payments to PolarX of US$20 million over three years.

Total System Services Inc. (TSYS), 2019

Acted for Total System Services Inc. (TSYS), a leading global payments provider, on competition matters related to its US$26-billion merger of equals with Global Payments Inc., to create a global technology-enabled payments company.

AirBoss of America Corp., 2019

Acted for AirBoss of America Corp. to form a new defense business, AirBoss Defense Group, through the merger of its AirBoss Defense business and other operations in Acton Vale, Québec, with privately owned, U.S.-based Critical Solutions International, Inc., in a transaction valued at approximately US$132.7 million.

TransAlta Corporation, 2019

Acted for TransAlta Corporation in the strategic partnership with Brookfield Renewable Partners and its institutional partners, and the associated $750-million investment by Brookfield in TransAlta to advance TransAlta's transition to clean energy. The investment occurred in two tranches (i) $350 million in the form of exchangeable debentures at first closing in May 2019; and (ii) $400 million in the form of redeemable preferred shares at second closing in October 2020. This investment won Capital Markets Deal of the Year at the 2020 Canadian Law Awards.

Barrick Gold Corporation, 2019

Acted for Barrick Gold Corporation in its historic joint venture with Newmont Mining Corporation, which combined their respective mining operations, assets, reserves and talent in Nevada to create the world's largest gold complex.

Ipsen S.A., 2019

Acted for French biopharmaceutical company Ipsen in the acquisition of Québec-based Clementia Pharmaceuticals for a purchase price of US$25.00 per share in cash upfront, plus a contingent value right (CVR) of US$6.00 per share, for a total transaction value of up to US$1.31 billion.

Barrick Gold Corporation, 2019

Acted for Barrick Gold Corporation in its proposed US$42-billion merger with Newmont Mining Corporation to combine the world's two largest gold companies.

Celgene Corporation, 2019

Acted for Celgene Corporation, an integrated global biopharmaceutical company, on competition matters related to its US$74-billion sale to Bristol-Myers Squibb Company.

Pfizer Inc., 2019

Acted for Pfizer Inc. on competition matters in the combination of its consumer healthcare business with GlaxoSmithKline, one of the world's leading research-based pharmaceutical and healthcare companies, to create a new Joint Venture with combined sales of approximately US$12.7 billion.

Lazard Ltd., 2019

Acted for Lazard Ltd., as financial advisor to Cronos Group, a globally diversified and vertically integrated cannabis company, in the $2.4-billion acquisition of a 45% equity stake in Cronos by Altria Group, Inc.

TransDigm Group Incorporated, 2019

Acted for TransDigm Group Incorporated, a global aerospace components manufacturer, on competition matters related to its US$4-billion acquisition of Esterline Technologies Corporation.

Barrick Gold Corporation, 2019

Acted for Barrick Gold Corporation in its recommended US$18.3-billion share-for-share merger with Randgold Resources Limited. This complex and multijurisdictional transaction created an industry-leading gold company with the greatest concentration of tier one gold assets in the industry and a diversified asset portfolio positioned for growth.

Nexeo Solutions, Inc., 2019

Acted for Nexeo Solutions, Inc., a leading global chemicals and plastics distributor, on competition and regulatory matters in its sale to Univar Inc. for approximately US$2 billion.

Tech Mahindra Limited, 2019

Acted for Tech Mahindra Canada, Inc. with its acquisition of ObjectWise Consulting Group, a Canadian information technology consulting company.

Return Path, Inc., 2019

Acted for Return Path, an email deliverability firm, in the sale of its business to Validity, a specialist in customer data management.

Cooper-Standard Automotive Inc., 2018

Acted for Cooper-Standard Automotive Inc. on competition matters in the US$265.5-million sale of its anti-vibration unit to Continental AG, a German automotive manufacturing company.

Canopy Growth Corporation, 2018

Acted for Canopy Growth Corporation on competition and regulatory matters in relation to the $5-billion investment in Canopy made by Constellation Brands Inc.

Enercare Inc., 2018

Acted for Enercare Inc., one of North America's largest home and commercial services and energy solutions companies, in its $4.3-billion sale to Brookfield Infrastructure and its institutional partners by way of plan of arrangement.

Arizona Mining Inc., 2018

Acted for Arizona Mining Inc. in its sale to South32 Limited in an all-cash transaction valuing Arizona Mining at approximately $2.1 billion, by plan of arrangement.

Forterra Inc., 2018

Acted for Forterra Inc., a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, as M&A and real estate counsel in the acquisition of three Canadian properties. This acquisition was part of a bigger transaction involving the swap of a number of Canadian and American properties.

Blue Wolf Capital Partners, 2018

Acted as Canadian counsel to Blue Wolf Capital Partners in the US$258-million sale to Conifex Timber Inc. of the Suwannee Sawmill in Florida and the Caddo River Sawmill in Arkansas. The purchase price for the sawmills was satisfied, in part, by the issuance of 9,898,461 million common shares of Conifex and 3,500,000 million warrants.

Shareholders of MedReleaf Corp., 2018

Advised the shareholders of MedReleaf Corp. in catalyzing the sale of MedReleaf to Aurora Cannabis Inc., bringing together two of Canada's largest cannabis companies, in an all-share transaction valued at approximately $3.2 billion.

Barrick Gold Corporation, 2018

Acted for Barrick Gold Corporation in connection with various strategic equity investments in, and negotiations of investor rights agreements with, Midas Gold Corp., Reunion Gold Corporation and Royal Road Minerals.

BASF SE, 2018

Acted for BASF SE on competition matters in the merger of its paper and water chemicals business with Solenis LLC to create a global specialty chemical company.

Stingray Group Inc., 2018

Acted for Stingray Group Inc. in its $506-million acquisition of Newfoundland Capital Corporation Limited, one of Canada's leading radio broadcasters with 101 licences (82 FM and 19 AM) across Canada, and the financing of this acquisition, which included $450 million of new credit facilities and $138 million of equity, comprising a $83-million bought deal offering of subscription receipts, a $40-million private placement of subscription receipts to the Caisse de dépôt et placement du Québec, and $15 million from the exercise of pre-emption rights from the Boyko Group.

Agnico Eagle Mines Limited, 2018

Acted for Agnico Eagle Mines Limited in its equity investment in Orla Mining Ltd. and negotiation of an investor rights agreement.

Brio Gold Inc., 2018

Acted for Brio Gold Inc. in the US$264-million acquisition by Leagold Mining Corporation for all of the issued and outstanding shares of Brio Gold.

Advantech Wireless Inc., 2018

Acted for Advantech Wireless Inc., a leading wireless broadband communications solutions provider, in the sale of its radio frequency, terrestrial microwave and antenna equipment divisions to a subsidiary of Baylin Technologies Inc., a TSX-listed company.  

Agnico Eagle Mines Limited, 2018

Acted for Agnico Eagle Mines Limited in its acquisition of all of the exploration assets of Canadian Malartic Corporation, including the Kirkland Lake and Hammond Reef projects, for an aggregate purchase price of US$325 million.

Stingray Group Inc., 2018

Acted for Stingray Group Inc. in its acquisition of DJ-Matic, a provider of in-store media solutions (music, video, digital signage) for businesses with clients in Belgium, the Netherlands, Germany and Denmark.

Monsanto Company, 2018

Acted for Monsanto Company on competition and regulatory matters in its US$66-billion acquisition by Bayer AG.

Neovia Probiotics Inc., 2017

Acted for Neovia Probiotics Inc., an indirect subsidiary of a leading French agricultural cooperative group, in its acquisition (by way of a plan of arrangement) of Epicore BioNetworks Inc., a TSXV-listed company specializing in the sale of environmental biological products and specialty feeds.

Toromont Industries Ltd., 2017

Acted for Toromont Industries Ltd. in its acquisition of Hewitt Equipment in a $1-billion transaction that expands Toromont's Caterpillar dealership into Québec, Western Labrador and the Maritimes, and strengthens its expertise in the mining, construction, power systems and forestry sectors.

SmartREIT, 2017

Acted for SmartREIT in its $1.1-billion acquisition with Strathallen Acquisitions Inc. of OneREIT.

Oaktree Capital Management, L.P., 2017

Acted for Oaktree Capital Management, L.P., in its opposition to the $475-million acquisition of Québec-based Tembec Inc. by Florida-based Rayonier Advanced Materials Inc.

New Look Vision Group Inc., 2017

Acted for New Look Vision Group Inc. in its $120-million acquisition, by way of plan of arrangement, of Iris, le groupe visuel (1990) Inc., which has a network of 147 retail locations across Québec, British Columbia, Alberta, Ontario and New Brunswick. The purchase was financed through various arrangements, including an increase of New Look's senior secured term facility with its bank syndicate, a new junior unsecured debt facility and an equity private placement.

Whole Foods Market Inc., 2017

Acted for Whole Foods Market Inc. on competition and regulatory matters in its $13.7-billion acquisition by Amazon.com Inc.

Canadian Technical Tape Ltd., 2017

Acted for Canadian Technical Tape Ltd. in connection with its acquisition by Intertape Polymer Group Inc., a TSX-listed company.

Agnico Eagle Mines Limited, 2017

Acted for Agnico Eagle Mines Limited in connection with its strategic equity investment in Candelaria Mining Corp. and negotiation of an investor rights agreement.

Boyd Group Income Fund, 2017

Acted for Boyd Group Income Fund on environmental matters in Boyd's $193.6-million acquisition of the assets and business of Assured Automotive Inc. and related entities. Issues included allocation of environmental liabilities related to auto body operations at more than 40 sites.

Medtronic plc, 2017

Acted as Canadian counsel to Medtronic plc on competition and regulatory matters in the US$6.1-billion acquisition of its patient care, deep vein thrombosis and nutritional insufficiency business by Cardinal Health.

Khan Resources Inc., 2017

Acted for Khan Resources Inc. in the proposed acquisition by Arden Holdings Ltd. of all the shares of Khan by way of plan of arrangement.

INNOVA Gaming Group Inc., 2017

Acted for Special Committee of the Board of Directors of INNOVA Gaming Group Inc. in the unsolicited takeover by Pollard Banknote Limited of all of the outstanding common shares of INNOVA.

Agnico Eagle Mines Limited, 2017

Acted for Agnico Eagle Mines Limited in connection with its strategic equity investment in GoldQuest Mining Corp. and negotiation of an investor rights agreement.

Agnico Eagle Mines Limited, 2017

Acted for Agnico Eagle Mines Limited in connection with its strategic equity investment in Otis Gold Corp. and negotiation of an investor rights agreement.

Restaurant Brands International Inc., 2017

Acted as Canadian tax counsel to Restaurant Brands International Inc., owner of Burger King and Tim Hortons, in connection with its US$1.8-billion acquisition of Popeyes Louisiana Kitchen, Inc., an Atlanta-based chicken chain.

TIO Networks Corp., 2017

Acted for the Special Committee of the board of directors of TIO Networks Corp., in connection with its $304-million acquisition by PayPal Holdings, Inc. TIO is a North American cloud-based multi-channel bill payment processing and receivables management company.

Reckitt Benckiser, 2017

Acted as Canadian counsel to Reckitt Benckiser, a global consumer health and hygiene company, on competition and regulatory matters in connection with its US$17.9-billion acquisition of U.S.-listed Mead Johnson Nutrition Company, a global leader in pediatric nutrition.

Canadian Imperial Bank of Commerce and The Toronto-Dominion Bank, 2017

Acted for the underwriters, being Canadian Imperial Bank of Commerce and The Toronto-Dominion Bank, in connection with the financing of Acasta Enterprises Inc.'s acquisition of Apollo Health & Beauty Care Partnership and JemPak Corporation for aggregate consideration, together with Acasta's acquisition of the commercial aviation finance advisory and asset management businesses of Stellwagen Finance Company, of $1.2 billion.

Cincinnati Bell Inc., 2017

Acted for Cincinnati Bell Inc. in its acquisition of OnX Enterprise Solutions, a leading enterprise technology services and solutions provider.

Groupe Montoni / VSL Logistics Hub Limited Partnership, 2017

Acted for Groupe Montoni, in partnership with Montez Corporation and Lotus Real Estate Group, in its acquisition of Sears Canada's distribution centre in Montréal's borough of Saint-Laurent, the leaseback to Sears of a 1.6 million sq. ft. portion of the property and the subsequent redevelopment and leasing of the property.