On September 30, 2018, Husky Energy Inc. ("Husky Energy") announced a proposal to acquire all of the outstanding shares of MEG Energy Corp. ("MEG") at an implied total enterprise value of $6.4 billion, including the assumption of approximately $3.1 billion of net debt.
The acquisition aims to increase upstream and downstream oil production while providing increased free cash flow per share, production growth and a basis for future dividend increases.
Osler, Hoskin & Harcourt LLP represents Husky Energy with a team led by Dan Kolibar (Corporate), and consisting of Justin Sherman, Jeremy Fraiberg, Rob Lando, Kelsey Armstrong, Courtney Bohn, Jordan Adler, Lily Liu, Jon McDonald (Corporate), Peter Glossop, Kaeleigh Kuzma, Jaime Auron (Competition/Antitrust & Investment Canada), Tris Mallett, Tommy Gelbman (Litigation), Jennifer Lee, Kevin Colan, Chad West (Tax), Nathaniel Lipkus (Intellectual Property), Shaun Parker (Employment & Labour), Craig Spurn (Energy).
Team
Partner, Corporate, Calgary
Partner, Intellectual Property, Toronto
Partner, Employment and Labour, Calgary
Partner, Disputes, Calgary
Partner, Corporate, Calgary
Partner, Corporate, Toronto
Partner, Corporate, Calgary
Partner, Competition/Antitrust and Foreign Investment, Calgary
New York Managing Partner, New York
Partner, Disputes, Calgary