Pre-Merger Notification Threshold Increased to $82 Million
The Competition Bureau announced on January 20, 2014, that the pre-merger notification size threshold will increase to $82 million, effective immediately following the publication of the Canada Gazette, which is anticipated to occur on January 25, 2014. The party size threshold remains set at $400 million. Generally, the Bureau must be notified of a proposed merger before closing where: 1.The transaction relates to an operating business in Canada; 2.The target firm has assets in Canada or revenues from sales in or from Canada of more than $80 million; and 3.The parties collectively, including their affiliates, have assets in Canada of ... [more] Full article
Competition Bureau Clears Life Sciences Merger
Thermo Fisher Scientific Inc. can proceed with its acquisition of Life Technologies Corporation after the Competition Bureau issued a No Action Letter on December 5, 2013, indicating that the Commissioner ... [more] Full article
La Coop fédérée agrees to terminate franchises to acquire Groupe BMR
La Coop fédérée has agreed to terminate franchises in four Quebec towns in order to receive Competition Bureau approval of its acquisition of a minority interest in Groupe BMR (BMR). LCF entered ... [more] Full article
Sobeys bags Safeway after agreeing to divestitures
The Competition Bureau has announced that it has entered into a consent agreement with Sobey’s which addresses the Bureau’s concerns arising from Sobeys’ proposed acquisition of substantially all of the assets ... [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.
