Jan. 10, 2024 - What is a spurned seller’s recourse when a buyer walks away from a deal in breach of the purchase agreement? In private M&A, the answer is reasonably straightforward: sue the buyer to close the deal or to recover damages. In public M&A, however, the answer is murky at best. The problem arises...
Announcement
Carlyle Group and GIC / AkzoNobel Specialty Chemicals Wins Loan Deal of the Year at IFLR Americas Awards
We are proud to have been among the firms honoured with “Loan Deal of the Year” at the IFLR Americas Awards 2019 for our work on The Carlyle Group and GIC’s acquisition of AkzoNobel N.V.’s specialty chemicals business.
Our firm acted as Canadian counsel to The Carlyle Group on the term loan and senior note offering financing of its US$12.5-billion joint acquisition with GIC.
The Davies team on this transaction included Dan Wolfensohn, Michael Disney, Rob Murphy and Geoffrey Rawle.
Held on Thursday, May 16 at Essex House in New York, the IFLR Americas Awards 2019 celebrated the most innovative deals in the region in 2018 and the firms that completed them.
Related
As the Pandemic Abates, Activists Advance: Shareholder Activism Rebounds in Canada
Oct. 20, 2023 - Canadian shareholder activism continued its post-pandemic resurgence into the first half of 2023. Emerging trends include the “activist swarm,” where multiple—yet uncoordinated—activists converge on a single target with competing demands. Activism has also been on the rise in response to M&A...
