LEXPERT MAGAZINE
|
SEPTEMBER 2016 21
INDUSTRY ANALYSIS
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CORPORATE TRANSACTIONS OF IMPORTANCE
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Oil & Gas Oil & Gas
5
Oil & Gas
4
Metals & Mining
2
Financials
Consumer Services Energy & Power Pipelines
Aerospace & Defence Automotive Materials
Utilities Financials Health Research
Media & Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce
Consumer Staples
1
Forestry
TRANSACTION VITALS
ANNOUNCED: 2/3/2016
CLOSED: 5/20/2016
TECHNIQUE: STOCK SWAP
ATTITUDE: FRIENDLY US ACQUIRER
SOUGHT: 100%
WILLIAM BRAITHWAITE
STIKEMAN ELLIOTT LLP
TORONTO
(FOR LOWE'S IN CANADA)
FRANCIS LEGAULT
NORTON ROSE FULBRIGHT
CANADA LLP
MONTRÉAL/LONDON
(FOR RONA)
On May 20, 2016, Lowe's Cos. Inc. (Lowe's) completed its friendly
acquisition of Rona Inc. (Rona) by way of a plan of arrangement
under the Business Corporations Act (Q uébec) for $3.2 billion. Under
the deal, Lowe's acquired all of the issued and outstanding common
shares of Rona for $24 a share in cash.
Lowe's was represented in Canada by William Braithwaite,
Amanda Linett, Steeve Robitaille, Robert Carelli, Daniel Borlack,
Aniko Pelland, Daniel Glavin, Danial Zeppetelli and Antoine Cham-
pagne (M&A), Mario Paura, Stefan Fews, Andrew Elliott, Tara Man-
djee, Brady McLeod, Djiffa Gabriel Dogbé and Carla L'Écuyer (real
estate), Paul Collins, Michael Kilby, Michael Laskey and William
Wu (regulatory), Larry Cobb and Myriam Fortin (environmental),
Hélène Bussières, Lorna Cuthbert, Kelly O'Ferrall and Marie-Lou
Gauthier (employment), Aiden Talai (pensions), Ron Durand and
Lindsay Gwyer (tax), Justine Whitehead and Gina Demczuk (IP),
Howard Rosenoff and Peter Hamilton (banking), Frédéric Paré and
Rémi Leprévost (litigation) of Stikeman Elliott LLP; and in the US
by Richard Wyatt, Steve Patterson, Richard Warren and Eric Nedell
of Hunton & Williams LLP.
Rona was represented by Francis Legault, Steve Malas, Nicolas
Labrecque, Amélie Métivier, Vincent Filiatrault and Renée Loiselle
(M&A), Jules Charrette (tax), ierry Dorval, Kevin Ackhurst and
Marilyne Rougeau (regulatory), Robert Borduas, Alain Ricard, Mé-
lanie Dupuis-Giuliani (banking) and Julie Himo (litigation) of Nor-
ton Rose Fulbright Canada LLP.
LOWE'S COMPLETES
ACQUISITION OF RONA
BIRCHCLIFF ENERGY
CLOSES FINANCINGS
TRANSACTION VITALS
ANNOUNCED: 6/21/2016
CLOSED: 7/13/2016
TECHNIQUE: BOUGHT DEAL, CONCURRENT
PRIVATE PLACEMENT
PROCEEDS: $690.8 MILLION
LOUISE LEE
BORDEN LADNER
GERVAIS LLP
CALGARY
(FOR BIRCHCLIFF ENERGY)
ROBERT LEHODEY
OSLER, HOSKIN
& HARCOURT LLP
CALGARY
(FOR THE UNDERWRITERS)
On July 13, 2016, Birchcliff Energy Ltd. (Birchcliff ) closed its pre-
viously announced bought-deal financing (the Offering) through
a syndicate of underwriters co-led by National Bank Financial Inc.,
Cormark Securities Inc., GMP Securities L.P. and Scotia Capital
Oil & Gas Oil & Gas Oil & Gas
