Jan. 15, 2020 - The official Annual Report under the Investment Canada Act (ICA) for the fiscal year 2018-19 was released at the end of 2019. This document sets out various statistics and other noteworthy developments during that time frame (i.e., April 1, 2018 to March 31, 2019) relating to the two review...
Canadian Mergers & Acquisitions – A Guide for Foreign Investment Banks and Bidders, 8th ed.
An informative reference for foreign and domestic acquirers, targets, investment banks, shareholders and others, Davies’ Canadian Mergers & Acquisitions guide has been fully updated for 2017. Drawing on our extensive experience in multijurisdictional merger and acquisition transactions, this guide provides an insight into Canadian acquisition transactions and related tax and regulatory considerations. This eighth edition discusses the following:
- takeover bid rules
- plans of arrangement
- pre-bid considerations and post-bid steps
- ownership reporting
- directors’ duties in change of control transactions
- the Competition Act, the Investment Canada Act and other restrictions on foreign investment
- critical tax issues for acquirers, targets and shareholders
Jan. 13, 2020 - The Canadian Securities Administrators (CSA) has published a consultation paper seeking input on the potential implementation of an “access equals delivery” model – an electronic access alternative for satisfying prospectus and other documentary delivery obligations under Canadian securities...