Pre-merger notification threshold increases to $86 million
The transaction size pre-merger notification threshold for 2015 will be $86 million, up from $82 million in 2014, the Competition Bureau announced recently. The new threshold is expected to come into effect on February 7, 2015. 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 assets or sales ... [more] Full article
Competition Bureau Approves Pharmacy Management Merger
Pharmacy management solutions companies TELUS Health and XD3 Solutions recently agreed to make it easier for pharmacists to switch software providers, in order to resolve the Competition Bureau’s concerns that their ... [more] Full article
Loblaw Sells Three Shoppers Drug Mart Stores To Rexall and McKesson
On December 2, 2014, the Competition Bureau approved the sale of three additional Shoppers stores to Rexall and an independent pharmacist operating under the McKesson banner. Under the Consent Agreement signed between Loblaw ... [more] Full article
Medtronic secures approval to buy Covidien after agreeing to divestitures
Medical device maker Medtronic Inc. resolved the Competition Bureau’s concern that its acquisition of competitor Covidien PLC would reduce competition for the supply of drug-coated balloon catheters for the treatment ... [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.
