Davies Acting for Sixty North Unity in Landmark Transaction with Bell Canada

Sixty North Unity, a consortium of Indigenous communities from the Yukon, the Northwest Territories and Nunavut, has agreed to complete a landmark transaction with Bell Canada, pursuant to which Sixty North Unity would acquire all of the issued and outstanding shares of Northwestel for approximately C$1.0 billion, which would make Northwestel the largest Indigenous-owned telecommunications company in the world. This transaction marks a monumental step towards economic reconciliation in Canada.

Northwestel is the largest telecommunications provider in Canada’s north, serving 97 communities across the Yukon, Northwest Territories, Nunavut, British Columbia and Alberta.

The Davies team who acted for Sixty North Unity includes: Brett Seifred, Marc Pontone, Shefali Sood and Puneet Aujla (Private M&A); Elisa Kearney (Competition); and Andrew Ellis (Tax).