Sept. 09, 2020 - Davies has submitted a comprehensive comment letter to the Capital Markets Modernization Taskforce (Taskforce) in response to the consultation report published by the Taskforce on July 9, 2020 (Report). The Taskforce was formed by the Ontario government in February 2020 with a mandate to review...
Canadian Mergers & Acquisitions – A Guide for Foreign Investment Banks and Bidders, 7th ed.
An informative reference for foreign bidders and investment banks, Davies’ Canadian Mergers & Acquisitions guide has been fully updated for 2015. Drawing on our extensive experience in multijurisdictional merger and acquisition transactions, this guide provides an insight into the types of Canadian acquisition transactions and related regulatory considerations. This seventh edition discusses the following:
- takeover bid rules
- plans of arrangement
- pre-bid considerations and post-bid steps
- directors’ duties in change of control transactions
- the Competition Act and the Investment Canada Act and other restrictions on foreign investment
- selected tax issues for acquirers, targets and shareholders
Aug. 13, 2020 - The Minister of Innovation, Science and Industry has issued an order, under recently enacted federal legislation, extending several time periods for the national security review (NSR) process under the Investment Canada Act (ICA). The NSR process may be invoked in respect of any...