Tax: M&A, Reorganizations and Restructuring Transactions

WeCommerce in its $962 million business combination with Tiny Capital

On January 23, 2023, WeCommerce Holdings announced that it had entered into a definitive agreement to combine with Tiny Capital. Through this agreement, WeCommerce and Tiny will combine their businesses in an all-share transaction with an estimated combined value of $962 million.WeCommerce...

Lead Office: Toronto Date Closed: April 18, 2023 Value: $962 million

Dream Industrial REIT in its $5.9 billion acquisition, in partnership with a leading global sovereign wealth fund, of Summit Industrial Income REIT

On February 17, 2023, Dream Industrial REIT, in partnership with a leading global sovereign wealth fund, closed an agreement with Summit Industrial Income REIT under which a joint venture between Dream Industrial REIT and the sovereign wealth fund will acquire Summit. The all-cash transaction is...

Lead Office: Toronto Date Closed: February 17, 2023 Value: $5.9 billion

Bank of Montreal in its US$16.3 billion acquisition of Bank of the West

On December 20, 2021, Bank of Montreal announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West for a cash purchase price of US$16.3 billion. On closing, the acquisition will bring nearly 1.8 million customers to BMO and extends its banking presence in key U.S....

Lead Office: Toronto Date Closed: February 1, 2023 Value: US$16.3 billion

General Motors Co. in its US$650 million equity investment in Lithium Americas Corp.

On January 31, 2023, General Motors announced that it has entered into a purchase agreement with Lithium Americas in respect of a US$650 million equity investment in Lithium Americas to develop the Thacker Pass mine. The transaction represents the largest investment by an automaker in the...

Lead Office: Vancouver Date Closed: -- Value: US$650 million

IniXium in its acquisition by NuChem

On October 31, 2022, NuChem Sciences, a Montréal-based contract research organization and leader in drug discovery, announced its acquisition of IniXium. This acquisition will allow NuChem to broaden its expertise in biological targets, also known as target proteins, whose manufacturing and...

Lead Office: Montreal Date Closed: -- Value: -

KKR and AIMCo in the amendment of the partnership and related agreements in respect of their equity investment in the $11.2B Coastal GasLink Pipeline

Osler acted for Kohlberg Kravis Roberts & Co (KKR) and Alberta Investment Management Corporation (AIMCo), in respect of the amendment of agreements in respect of their equity investment in Coastal GasLink Pipeline Limited Partnership (CGPLP) with TransCanada PipeLines Limited (TCPL)....

Lead Office: Calgary Date Closed: August 25, 2022 Value: $14.5 billion

Québecor and its wholly-owned subsidiary Videotron Ltd. in their $2.85 billion acquisition of Freedom Mobile Inc. from Rogers Communications Inc. and Shaw Communications Inc.

On August 12, 2022, Québecor, a Canadian leader in telecommunications, entertainment news media and culture, and its wholly owned subsidiary Videotron Ltd. announced they had entered a definitive agreement with Rogers Communications and Shaw Communications for the acquisition of Freedom Mobile for...

Lead Office: Montreal Date Closed: -- Value: $2.85 billion

Canalyst in its acquisition by Tegus

On August 2, 2022, Canalyst announced it had been acquired by Tegus, the leading research platform for investors. With this acquisition, Tegus will be able to expand its data offerings and create the first modern research platform purpose-built for fundamental institutional investors. As...

Lead Office: Vancouver Date Closed: August 2, 2022 Value: -

Nudge in its acquisition by Axonify

On June 22, 2022, Nudge announced its acquisition by Axonify, a software company that provides communications and training software to frontline employees. With this acquisition, Axonify and Nudge will offer the best-in-class tools for frontline-devoted organizations as well as deliver an...

Lead Office: Toronto Date Closed: -- Value: -

Zebra Technologies in its acquisition of Matrox Imaging

On June 7, 2022, Zebra Technologies Corporation completed its previously announced acquisition Matrox Imaging, a proven developer of advanced machine vision components and systems, for US$875 million. With this acquisition, Zebra will further expand its offering in the fast-growing...

Lead Office: Montreal Date Closed: June 7, 2022 Value: US$875 million