LEXPERT MAGAZINE
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APRIL 2016 23
INDUSTRY ANALYSIS
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CORPORATE TRANSACTIONS OF IMPORTANCE
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with a team that included Timothy McCor-
mick, Matthew Hunt, Christopher Yung and
Ian Noble (corporate) and for certain regula-
tory matters, exactEarth was represented by
Fasken Martineau DuMoulin LLP with a
team that included Stephen Acker, Clifford
Sosnow, Stephen Whitehead and Yael Wexler.
VIDEOTRON ACQUIRES
FIBRENOIRE
CLOSING DATE: JANUARY 7, 2016
NIKO VEILLEUX
FASKEN MARTINEAU
DUMOULIN LLP
CHARLES CHEVRETTE
MCMILLAN LLP
On January 7, 2016, Videotron G.P. (Video-
tron), a wholly owned subsidiary of Quebecor
Media Inc. (TSX: QBR.B), completed the
acquisition of Fibrenoire Inc. (Fibrenoire), a
telecommunications company specializing
exclusively in fibre-optic connectivity servic-
es for businesses in Québec and Ontario. e
deal is valued at $125 million.
Videotron was represented internally by
its in-house legal team led by Marc Tremblay,
Senior Vice President, Chief Legal Officer
and Public Affairs and Secretary, Christian
Marcoux, Senior Director Legal Affairs, Fi-
nancing and M&A and Corporate Secretar-
iat and Dominique Poulin-Gouin, Director,
Corporate Secretariat and Assistant Secre-
tary, and was assisted by Fasken Martineau
ternational Inc. (Honeywell) acquired all of
the issued and outstanding common shares
of COM DEV International Ltd. (COM
DEV) and former COM DEV majority-
owned subsidiary exactEarth Ltd. (exactE-
arth) was spun out into a standalone public
company. For each COM DEV common
share held at the time of completion of the
Arrangement, COM DEV shareholders re-
ceived an initial cash payment of $5.125 per
common share and approximately 0.19785
of an exactEarth common share and a sec-
ond cash payment of approximately $0.125
per COM DEV common share held. COM
DEV's common shares were delisted from
the Toronto Stock Exchange (TSX) on Feb-
ruary 8, 2016, and the exactEarth common
shares began trading on February 9, 2016.
Honeywell was represented in-house by
Jeffrey Neuman, Vice President, Corporate
Secretary and Deputy General Counsel and
Victor Miller, Vice President and General
Counsel, and by a team from WeirFoulds
LLP that was led by Steven Rukavina and
Wayne Egan, and included Conor Dooley
and Fraser Bush (corporate and securities),
Nikiforos Iatrou and Jennie Baek (regula-
tory), Maralynne Monteith (tax) and Danny
Nunes (commercial court).
COM DEV was represented in-house by
Kenneth Friesen, Corporate Legal and by
Gardiner Roberts LLP with a team that
included Edgar Hielema, Kathleen Skerrett,
Ash Baker and Queenie Lo (corporate). e
Special Committee of the board of directors
of COM DEV was represented by Osler,
Hoskin & Harcourt LLP with a team that
included Douglas Bryce, James Brown and
Arlene Mack (corporate),
Shuli Rodal (regulatory),
Amanda Heale (tax) and
Laura Fric as well as Rapha-
el Eghan (litigation).
exactEarth was represent-
ed by Stikeman Elliott LLP
DuMoulin LLP with a team led by Niko
Veilleux that included Constantinos Ragas
and Lénie Tessier-Beaulieu (M&A).
Fibrenoire's controlling shareholder,
Novacap, was represented internally by an
in-house legal team led by Bruno Duguay,
Chief Legal Officer of Novacap, and was as-
sisted by McMillan LLP with a team led by
Charles Chevrette that included Stéphanie
Hamelin (M&A) and Michel Ranger (tax).
McMillan LLP also acted for the other
shareholders of Fibrenoire
Consumer Services Energy & Power Pipelines
Aerospace & Defence Automotive Materials
Utilities Financials Health Research
Media & Entertainment Recreation & Leisure Advertising & Marketing
HYDRO ONE LIMITED
COMPLETES $1.83B
INITIAL PUBLIC OFFERING
CLOSING DATE: NOVEMBER 5, 2015
STEVEN SMITH
OSLER, HOSKIN
& HARCOURT LLP
SHARON GERAGHTY
TORYS LLP
PAUL BONIFERRO
MCCARTHY
TÉTRAULT LLP
BRENDAN REAY
BLAKE, CASSELS
& GRAYDON LLP
On November 5, 2015, Hydro One Limited,
the largest electricity transmission and dis-
tribution company in Ontario, announced
the closing of its initial public
offering by way of secondary sale
pursuant to which the Province
of Ontario offered 81,100,000
common shares at $20.50 per
share for total gross proceeds to
the Province of approximately
2
High-Tech
2
Transportation
2
Metals, Minerals, Mining
2
Energy & Power
Consumer Services Energy & Power Pipelines
Aerospace & Defence Automotive Materials
