Announcement

DIF Capital Partners Buys Majority Stake in Valley Fiber

Davies acted for DIF Capital Partners in its majority investment in Valley Fiber Ltd., a rapidly growing Manitoba-based fiber-optics developer. Valley Fiber aims to connect more than 15,000 homes and businesses in rural Manitoba to high-speed networks over the next few years. DIF’s all-equity investment, made through DIF Core Infrastructure Fund II, will fuel this growth and provides an innovative but conservative capital structure for the company.

The Davies team advising on the transaction included Cameron Rusaw, Cynthia Hill, Avani Verma and Mathieu Taschereau (Corporate/M&A); Elisa Kearney (Competition); and Mark Firman (Employment & Labour).

Related

Are You Prepared for a Search?

Oct. 23, 2020 - The Competition Act provides the Commissioner of Competition with a number of powerful investigative tools in respect of both criminal and civil matters, including the power to obtain and execute search warrants that allow Competition Bureau officers to enter premises and to seize...

ESG in the Time of COVID: Key Considerations for Investment Fund Managers

Sept. 18, 2020 - This article was originally published by the American Bar Association’s Business Law Today and is reproduced with permission. Since June 5, 2019, the date on which the Securities and Exchange Commission (the SEC) published its interpretation regarding the standard of conduct for...