Davies acted for Shaw Communications in connection with its sale of Shaw Media to Corus Entertainment for $2.65 billion. Shaw Media owns Global Television Network and 19 specialty channels including HGTV Canada, Food Network Canada and Showcase.
This transaction firmly positioned Shaw as a leading pure-play connectivity provider with an attractive growth profile. The proceeds from this sale were used to finance Shaw’s acquisition of WIND Mobile for $1.6 billion. Davies acted for WIND Mobile on that transaction.
The Davies team on this transaction included Vincent Mercier, Peter Hong, Brett Seifred and Evan Griffith (M&A); Derek Vesey (Financing); Elie Roth and Andrew Ellis (Taxation); and John Bodrug and Jim Dinning (Regulatory).
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...
