Mergers and Acquisitions Mergers and Acquisitions

Fairness Opinions after InterOil

The Supreme Court of Yukon recently issued its reasons for approving Exxon Mobil’s acquisition of InterOil. Issuers and financial advisors should...

SPACs seek to complete qualifying acquisitions

We also expect there will be further developments in practice as the existing SPACs move to complete their qualifying acquisitions. Market...

InterOil Decision – Implications for Fairness Opinions, Disclosure and Corporate Governance in Sale Transactions

The Yukon Court of Appeal blocked Exxon Mobil's proposed US$2.3 billion acquisition of InterOil, in a decision with potentially significant...

The SEC’s universal proxy proposal: How it affects Canadian companies and investors

The SEC has proposed amendments to its proxy rules that are designed to allow shareholders using the proxy system to vote for their choice of a...

Contested private placements under the new take-over bid regime: the Dolly Varden decision

On October 24, 2016, the OSC and BCSC issued their joint reasons relating to the proposed private placement undertaken by Dolly Varden Silver...

TSX provides guidance regarding the pricing of acquisition financing transactions

Some market participants may not be aware that the Toronto Stock Exchange, for years, has been scrutinizing the practice of launching and announcing...

Contested private placements under new take-over bid regime: Securities regulators reject Hecla challenge of Dolly Varden private placement

Canadian securities regulators have declined to cease trade a private placement of equity securities by a target company implemented following the...

Amendments to Canadian take-over bid and early warning regimes now in force

Amendments to the Canadian take-over bid and early warning regimes came into force on May 9, 2016.