Merger Notification Threshold Raised to $88m
The pre‑merger notification threshold relating to transaction‑size will be $88 million in 2017, up from $87 million last year, the Competition Bureau announced recently. Mergers are only notifiable if three threshold tests are met: Transaction type: the transaction must involve an “operating business in Canada“. Transactions can take various forms, for example, acquisitions of assets or shares, amalgamations, combinations, etc. Party size: the Canadian assets or sales of all parties and their affiliates must be $400 million or more. Transaction size: the target must have Canadian assets or sales of $88 million or more. [more] Full article
Closure: Abbott agrees to divestitures to acquire St. Jude
Abbott Laboratories, a US-based multinational medical device manufacturer, completed its acquisition of competitor St. Jude Medical after receiving clearance from competition authorities in Canada, the US, and the EU in ... [more] Full article
Worth the Wait? National Security Guidelines Finally Published under the Investment Canada Act
The federal government has finally issued long-awaited Guidelines on the National Security Review of Investments, which clarify its approach to the national security review regime for foreign investments that was ... [more] Full article
Competition Bureau Issues Consent Agreement Template
The Competition Bureau has released a template for merger consent agreements, with the intention of providing more transparency and predictability to businesses engaged in the merger review process. The consent agreement template sets out the ... [more] Full article
Mergers Contributors
Masiel A. Matus
Masiel has a broad commercial litigation practice and represents both national and international clients in a variety of complex matters. Masiel has experience litigating cases involving professional negligence, commercial leasing and real property disputes, insurance, contract disputes, shareholder disputes, fraud, breach of fiduciary duty, breach of trust, employment matters and defamation claims.
David N. Vaillancourt
David's practice expertise focuses on all matters of Commercial and Civil Litigation, Competition and Administrative Law. David has acted for clients in a wide range of disputes, including shareholder and partnership disputes, securities litigation, class action defence, proceedings under the Competition Act, employment law disputes, contract disputes, breach of confidence/intellectual property disputes, fidelity bond claims, and professional negligence claims. David has appeared before all levels of court in Ontario, including the Court of Appeal for Ontario, and has also appeared before the Competition Tribunal and the Federal Court of Appeal. David has appeared as lead counsel in numerous trials, hearings, and motions. David has been successful in numerous adversarial proceedings, and also has successfully negotiated the resolution of dozens of cases.
