22 LEXPERT MAGAZINE
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OCTOBER 2017
BIG DEALS
tive ownership interests in the AOSP assets
are 70-per-cent owned by Canadian Natural,
20-per-cent owned by Chevron Canada Ltd.,
and 10-per-cent owned by Shell.
On June 1, 2017, a subsidiary of Cana-
dian Natural commenced as operator of the
AOSP upstream mining assets, while Shell
continues as operator of the Scotford up-
grader and Quest carbon capture and stor-
age (CCS) project, located adjacent to the
100-per-cent Shell-affiliate-owned Scotford
refinery and chemicals plants.
Canadian Natural was represented in-
house with a team led by Paul Mendes, and
that included Betty Yee, Brenda Balog, Joe
Sair, Stephanie Graham, Peter Andrekson,
Katherine Linder, Chandra Mazuryk, Jeff
Davidson, Eric Sterns, Brian Bate and Linda
Garvey. Bennett Jones LLP represented
Canadian Natural externally with a team
led by Pat Maguire (oil and gas), and that
included Donald Greenfield, Jana Prete,
Kieran Ryan, Megan Bertram, Helen Cox,
Brad Eidsness, Phil Backman (banking),
Jeremy Russell, Brent Kraus (securities),
Tessa Guenther, Beth Riley (competition),
Darcy Moch (tax), Stephen Burns (intellec-
tual property), Shawn Munro (regulatory),
James Salsman, John Batzel (employment)
and Susan Sellers (pension).
Shell was represented in-house with a
team that included Barry Tyndall, Mela-
nie Larson, Bonnie Vogeli, Lawrence Ator,
Stephanie Uhlich, Ikram Haq, Julianne
Osberg, Krista Treasure, Sean Assie, Linda
Howey, Rick Taylor, Corey Dreveny, Da-
vid Rodi and Annie Stewart. McCarthy
Tétrault LLP represented Shell externally
with a team led by Craig Spurn and Cathy
Samuel, and that included Ben Aberant,
Gord Baird, Randy Bauslaugh, Mike Ben-
nett, Paul Boniferro, Oliver Borgers, Jeremy
Busch-Howell, Gord Cameron, Will Cas-
cadden, Paul Cassidy, Sean Collins, Gary
Girvan, Kristen Haines, Don Houston,
Kim Howard, Pavan Jawanda, Ben Layton,
Walker Macleod, Ron Mar, Steven Molnar,
Robert Nearing, Michelle Siu, Shea Small,
Kara Smyth, eo Stathakos, Roger Taplin,
Justin Turc and Shana Wolch.
Marathon Oil was represented in-house
by a team led by William (Bob) Cook, and
that included Sam Mazzu, Laura Nolen
and Shawn Tracey. Burnet, Duckworth &
Palmer LLP represented Marathon Oil ex-
ternally with a team led by Sean Korney, and
that included Alicia Quesnel, Jon Ozirny
and Randon Slaney (energy), Heather Di-
Gregorio and Brandon Holden (tax) and
Gina Ross (employment).
Pipelines
Materials
Utilities Financials Health Research
Media & Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction & Engineering
Consumer Staples
ODYSSEY COMPLETES
SALE OF ITS EQUITY
INTEREST IN SAFWAY
CLOSING DATE: JUNE 21, 2017
On June 21, 2017, Odyssey Investment Part-
ners, LLC (Odyssey), a leading middle-mar-
ket private-equity firm completed the sale of
its shares of the parent company and certain
subsidiaries of Safway Group (Safway) to
Brand Energy & Infrastructure Services,
Inc. (Brand).
Safway is one of North America's largest
industrial services companies. It provides
scaffolding in the US and Canada for com-
mercial construction, bridge, special events
and industrial markets.
Odyssey was represented in Canada by
Stikeman Elliott LLP with a team led by
Gordon Cameron and that included Kris-
tina Vranjkovic, Elyse Velagic and Logan
Copen (M&A/corporate), Luc Bernier and
Éric Lévesque (tax), Paul Collins and Mi-
chael Kilby (regulatory), Jamie Templeton
and Slavica Stojimirovic (banking), Nancy
Ramalho (employment) and Andrea Boc-
tor (pensions).
Odyssey was represented in the United
States by Latham & Watkins LLP with a
team that included Colin Bumby, Paul Kuk-
ish, Brendan Silhan, Marie-Joe Abi-Nassif,
Alyssa Manlowe and Milo LeDoux (M&A),
Jocelyn Noll and Eric Kamerman (tax), Alex
Harris and Dennis Lamont (finance), and
Austin Ozawa and Anisha Mehta (tax/ben-
efits and compensation).
Brand was represented in the United
States by Debevoise & Plimpton LLP with
a team that included Kevin Rinker, Uri Her-
zberg, Emily Huang, Lunar Mai and Maria
Navarro (M&A), Daniel Abuhoff and Erica
Weisgerber (regulatory), Gary Friedman,
Erin Cleary and Lena Smith (tax), Meir Katz
and Simone Hicks (employment), and Scott
Selinger, Paul Rodel, Brett Novick and Nick
Pellicani (finance).
Brand was represented in Canada by
Blake, Cassels & Graydon LLP with a
team that included Michael Gans, Stefania
Zilinskas, Raees Nakhuda, Ky Kvisle and
Kendall Grant (M&A), Brian Facey, Debbie
Salzberger and Julia Potter (antitrust), Ian
Binnie and Michelle Le (banking), and Jef-
frey Shafer and Josh Jones (tax).
BARRICK GOLD SELLS
A 50% INTEREST
IN THE VELADERO MINE
TO SHANDONG GOLD
CLOSING DATE: JUNE 30, 2017
On June 30, 2017, Barrick Gold Corp. (Bar-
rick) completed the sale of a 50-per-cent
interest in the Veladero mine in San Juan
province, Argentina, to Shandong Gold
Mining Co., Ltd. (SDG) for US$960 mil-
lion. Following the sale, each of Barrick and
SDG holds an indirect 50-per-cent interest
in Minera Argentina Gold S.R.L., the joint
venture company that owns the Veladero
mine. e formation of the 50/50 joint
venture marks the completion of the first of
three steps outlined in a strategic cooperation
agreement between Barrick and SDG.
In keeping with the second step in the
agreement, the two companies have also
formed a working group to explore the joint
development of the Pascua-Lama deposit.
As a third step, Barrick and SDG will eval-
uate additional investment opportunities on
the highly prospective El Indio Gold Belt on
the border of Argentina and Chile.
Barrick is the world's largest gold mining
company and one of Canada's leading global
corporations. SDG is a leading gold min-
ing company in China and is listed on the
Shanghai Stock Exchange.
SDG's legal team was led by Huijie Duan,
Director of Department of Legal Affairs.
Norton Rose Fulbright acted as external
transaction counsel to SDG, with a team
led by Yi Wang (Beijing) and David Mc-
Intyre (Toronto), and supported by Lianying
Wang, Tom Wong and Lucy Liu (corporate).
Competition law advice was provided by
Marc Waha with support from Sophie Chen
(Hong Kong).
Barrick's legal team was led by Rich Had-
dock, Senior Vice President and General
Counsel, and Andrew Hastings, Vice Presi-
dent and Senior Counsel.
Davies Ward Phillips & Vineberg LLP
