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
Leaseweb Global Acquires Montréal’s iWeb
Davies acted as counsel to Leaseweb Global, a leading hosting and cloud services company based in the Netherlands, in its recently announced acquisition of iWeb, a Canadian cloud hosting, server hosting and hosted solutions provider.
The acquisition enables Leaseweb to build a significant market presence in Canada, which now becomes its third biggest international region by revenue, behind the Netherlands and the United States. Additionally, the integration of iWeb with Leaseweb’s global network will allow current and future customers to seamlessly expand into the region, while benefiting from globally available cloud infrastructure.
The Davies team advising on this transaction included Brian Kujavsky, Vanessa Pendenza and Zach Hershenfeld (Corporate/M&A); Marie-Claude Bellemare and Chloé D’Astous (Environmental & Indigenous); and Michael N. Kandev (Tax). Leaseweb was also advised internally by its General Counsel Jacqueline van de Werken.
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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...
