Davies acted as Canadian counsel for Stericycle, Inc., in its acquisition of Shred-it International, a Canadian-based global secure information destruction services provider, for US$2.3 billion in cash.
Stericycle, Inc., a U.S.-based company operating in 13 countries, focuses on compliance and related services. The acquisition of Shred-it enhanced Stericycle's portfolio of compliance solutions and expanded the company’s global reach.
The Davies team for this transaction included Vincent Mercier and Peter Hong (Mergers & Acquisitions); Mark Katz and Anita Banicevic (Competition); and Raj Juneja and Kimberly Brown (Taxation).
Federal Budget 2024: How It Impacts You and Your Business
Apr. 16, 2024 - On April 16, 2024 (Budget Day) the Honourable Chrystia Freeland, Deputy Prime Minister of Canada and Minister of Finance, delivered the Liberal Party’s federal budget (Budget 2024). Budget 2024 included a number of proposed changes to the Income Tax Act (ITA) and other tax legislation. ...
Mar. 27, 2024 - Substantial amendments to the Investment Canada Act (ICA) were enacted on March 22, 2024, with the passing of Bill C-34, the National Security Review of Investments Modernization Act. These amendments, long in the works, will come into effect on a date to be fixed by Cabinet. It...
