Representative Work Representative Work

TC Energy in its US$915 million bid to purchase the outstanding public units of Columbia Pipeline Partnership

On February 17, 2017, TC Energy (“TransCanada”) completed its purchase of all equity in Columbia Pipeline Partners, LP that it does not already own at a price of US$17.00 per common unit, for an approximate purchase price of US$915  million. This offer follows TC Energy’s...

Lead Office: Calgary Date Closed: February 17, 2017 Value: US$915 million

Represented Luxury Retreats International Inc. in its acquisition by Airbnb Inc.

On February 15, 2017, Airbnb Inc. completed its acquisition of Luxury Retreats International Inc., marking its largest acquisition to date. The transaction, a purchase of both cash and stock, will increase Airbnb's breadth of high-end vacation offerings. Airbnb Inc. is a...

Lead Office: Montreal Date Closed: February 15, 2017 Value: -

Meta Inc. in its acquisition by Chan Zuckerberg Initiative LLC

On February 14, 2017, Chan Zuckerberg Initiative LLC completed the acquisition of all of the outstanding equity in the capital of Meta Inc. Meta is an artificial intelligence company specializing in big data analysis of scientific and technical literature. This is the first acquisition...

Lead Office: Toronto Date Closed: February 14, 2017 Value: -

Kineticor closed $125 million convertible debt and equity financing commitment from OPTrust and the acquisition of a partially constructed 690 MW cogeneration plant located near Peace River, Alberta from Shell Canada.

Lead Office: Calgary Date Closed: February 13, 2017 Value: $125 million

DSM Venturing in the $2.5 million Series A financing of QD Solar

On February 13, 2017, QD Solar Inc. ("QD Solar") announced that it had secured $2.5 million in a Series A financing. The round was led by Dutch venture capital firm DSM Venturing B.V. ("DSM Venturing") with participation from MaRS Innovation and Saudi Arabia’s KAUST Innovation Fund. QD Solar...

Lead Office: Toronto Date Closed: February 13, 2017 Value: $2.5 million

Hootsuite in its acquisition of AdEspresso

On February 7, 2017, Hootsuite announced the acquisition of AdEspresso, a company that has built a set of tools to create, A-B test, and post advertisements on Facebook and Instagram. Osler represented Hootsuite in this complex cross-border acquisition with a team of cross-disciplinary...

Lead Office: Toronto Date Closed: February 7, 2017 Value: -

Federal Court Rules in favour of Mylan Pharmaceuticals ULC in an anti-inflammatory combination drug patent case

Osler successfully represented Mylan Pharmaceuticals ULC in a patent proceeding brought by pharmaceutical company AstraZeneca. On February 7, 2017, the Federal Court of Canada issued a decision in AstraZeneca Canada Inc. v Mylan Pharmaceuticals ULC, 2017 FC 142 that invalidated the...

Lead Office: Ottawa Date Closed: February 7, 2017 Value: -

Vision Critical Communications Inc. in a $76 million secondary offering

Osler was lead counsel to Vision Critical Communications Inc. in its $76 million secondary sale of shares to two strategic growth equity funds, Georgian Partners (an existing shareholder since 2014) and W Capital Partners. This new investor support strengthens Vision Critical’s positioning...

Lead Office: Toronto Date Closed: February 1, 2017 Value: $76 million

Athabasca Oil Corporation in its acquisition of Norway’s Statoil ASA’s Canadian oilsands business

Athabasca Oil Corporation completed the acquisition of thermal oil assets from Statoil Canada Ltd., a wholly-owned subsidiary of Statoil ASA, for total consideration of $582 million.  The consideration consisted of $431 million in cash (after closing adjustments), 100 million common...

Lead Office: Calgary Date Closed: January 31, 2017 Value: $582 million

GuestLogix Inc. in proposed securities class action alleging misrepresentations contained in company’s public disclosures relating to certain credit facilities

Osler is representing GuestLogix Inc. ("GuestLogix") in proposed securities class action alleging misrepresentations contained in company’s public disclosures relating to certain credit facilities. The plaintiff has commenced a motion for leave to commence the action...

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