Patrick Marley

Manulife Financial Corporation in its largest Canadian Universal Life reinsurance transaction valued at $5.8 billion

On March 25, 2024, Manulife Financial Corporation announced its agreement to reinsure $5.8 billion of reserves of law ROE Canadian Universal Life Block to RGA Life Reinsurance Company of Canada. This represents the largest Universal Life reinsurance transaction within the Canadian insurance...

Lead Office: Toronto Date Announced: Mar 25, 2024 Value: $5.8 billion

Kinross Gold Corporation in US$500 million offering of unsecured notes offering

On July 5, 2023, Kinross Gold Corporation announced the successful completion of its offering of US$500 million aggregate principal amount of 6.250% senior notes due 2033. Kinross plans to utilize the net proceeds to redeem all the US$500 million aggregate principal of its outstanding 5.95% senior...

Lead Office: Toronto Date Closed: July 5, 2023 Value: US$500 million

CNH Industrial in its agreement to acquire Hemisphere GNSS for $175 million

On March 30, 2023, CNH Industrial entered into an agreement to purchase Hemisphere GNSS for $175 million from Beijing UniStrong Science & Technology Co., Ltd. This acquisition will allow for CNH Industrial to improve their automation in both its agriculture and construction businesses....

Lead Office: Toronto Date Closed: -- Value: $175 million

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

TELUS International in its US$1.225 billion acquisition of WillowTree

On October 27, 2022, TELUS International and TELUS Corporation announced they had entered into a definitive agreement to acquire WillowTree, a premier, full-service digital product provider focused on end user experiences, such as native mobile applications and unified web interfaces. Under...

Lead Office: Toronto Date Closed: -- Value: US$1.225 billion

Kinross Gold Corporation in its US$225 million sale of Chirano mine to Asante Gold Corporation

On April 25, 2022, Kinross Gold Corporation announced it had entered into an agreement with Asante Gold Corporation to sell its 90% interest in the Chirano mine in Ghana for a total consideration of US$225 million in cash and shares. Upon closing of the transaction, Kinross will receive US$115...

Lead Office: Toronto Date Closed: -- Value: US$225 million

Verisk Analytics in its acquisition of Opta

On March 1, 2022, Verisk Analytics announced it had acquired Opta, Canada’s leading provider of property intelligence and innovative technology solutions. With this acquisition, Verisk further expands its footprint in the Canadian market and supports Opta in reshaping risk management with...

Lead Office: Toronto Date Closed: March 1, 2022 Value: -

Kinross Gold Corporation in its US$1.4 billion acquisition of Great Bear Resources

On February 24, 2022, Kinross Gold Corporation completed its previously announced acquisition of Great Bear Resources Ltd. Through the transaction, Kinross will acquire Great Bear’s flagship Dixie project located in the Red Lake mining district in Ontario, Canada. Kinross has agreed to an...

Lead Office: Toronto Date Closed: February 24, 2022 Value: US$1.4 billion

TELUS Corporation in its $500 million sale of its financial solutions business to Dye & Durham

On December 6, 2021, TELUS Corporation announced the $500 million sale of its financial solutions business, as well as certain assets, to Dye & Durham. TELUS' financial solutions business provides leading digital infrastructure and technology solutions to Canada’s financial...

Lead Office: Toronto Date Closed: December 6, 2021 Value: $500 million

TELUS Health Solutions Inc. in connection with the restructuring of ChronoMétriq Inc. and Health Myself Innovations Inc.

On October 26, 2021, ChronoMétriq Inc. and Health Myself Innovations Inc. filed a Notice of Intention to make a proposal pursuant to the relevant provisions of the Bankruptcy and Insolvency Act. The companies collectively listed approximately $9.2 million in liabilities, including approximately...

Lead Office: Montreal Date Closed: November 29, 2021 Value: $9.2 million