Lexpert Roundup on the Business of Law
Lexpert identifies and reports on emerging business issues and practice areas in the business of law. Whether online, in our magazine or in the DealsWire e-newsletter, we chronicle deals and lawsuits of interest, and cover issues of broad concern to the legal profession and those who purchase legal services. We hope you enjoy this sampling of our latest content.
From the DealsWire: Icahn selling Federa-Mogul | Bayer-Monsanto deal | Walmart-Postmates partnership
The Lexpert DealsWire (subscribe here) documents facts, figures and key legal players behind recent deals. This week’s announced deal spotlight features the key players and figures in the $1.7-billion purchase by Transcontinental Inc. of US packaging company Coveris Holdings SA.
In our closed deals section, we look at Wolf Midstream in its acquisitions from MEG Energy Corp., as well as Colas Canada buying the Miller McAsphalt Group.
We also look at the legal players behind Ivanhoe Cambridge selling its 50-per-cent interest in Fairview Mall, and Arbutus Biopharma closing a strategic investment from Roivant Sciences.
On the Deal Q&A: Nothing But Blue Sky
Helicopter services company, HNZ Group found its path to liquidity: a go-private deal worth a whopping 43.3-per-cent premium to the pre-announcement share price. The winning bid seemed a perfect match — Don Wall, the CEO, would buy the core business, and long-time partner PHI would take over the Asia-Pacific division. But with its complex plan of arrangement, related-party bidder, multiple sources of financing and emergence of an unsolicited proposal, the devil was in the details for lawyers working to get the deal done.
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