Reliance acquires its largest competitor, National
Shortly after agreeing to pay hefty $5 million penalty to settle the Competition Bureau’s allegations that it engaged in anti-competitive tactics to prevent competitors from expanding, hot water heater supplier rental Reliance Home Comfort acquired its largest competitor, National Energy Corporation. The Bureau approved the Reliance-National transaction on November 17, primarily as a result of a consent agreement reached between Reliance and the Bureau earlier this month, in which Reliance agreed to change its heater return policies and make it easier for customers to switch to other rental providers. On the basis of the consent agreement, the Bureau found that the proposed merger is unlikely to ... [more] Full article
Manulife – Standard Life Acquisition Cleared
Insurance giant Manulife Financial Corporation’s proposed acquisition of Standard Life PLC’s Canadian assets has been approved by the Competition Bureau. Both companies offer group retirement and benefits services and individual wealth products, ... [more] Full article
Green light for Transforce’s Acquisition of Contrans
Trucking company Transforce got a green light from the Competition Bureau to complete its acquisition of its rival Contrans. Both companies provide non-specialized (dry box trailers) and specialized trucking services. The ... [more] Full article
Sale of Ten Shoppers Drug Mart Stores by Loblaw Approved
The Competition Bureau has approved the sale by Loblaw of ten Shoppers Drug Mart stores, pursuant to the March 2014 Consent Agreement that resolved the Bureau’s concerns about Loblaw’s acquistion of ... [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.
