In a climate of volatility, regulatory uncertainties and limited funding, M&A transactions can be complex. You need an ally who listens to your needs, and combines legal procedures with an innovative approach to close your deal quickly, efficiently and successfully.
Whether you are on the buy- or sell-side of a transaction, you benefit from a global team, an integrated platform of services and established relationships with investment banks, accounting firms and lenders. We know the players and regulators, and how to partner with you in structuring your transaction.
From a takeover bid—hostile or friendly—to a merger, de-merger or consolidation, we are on your side. A sector-focused model means we understand the nuances of your industry and are in sync with your business.
Whether for Fortune 500 and middle-market companies, private equity investors, bidders and targets, financiers and independent board committees—we get the deal done.
More About Mergers and Acquisitions
- Capital Power Income L.P.: Advising on its CA$1.1 billion acquisition by Atlantic Power Corporation.
- DragonWave Inc.: Advising on the acquisition of Nokia Siemens Networks’ (NSN) microwave transport business, including its associated operational support system and related support functions, and new credit facilities from Comerica Bank and EDC to support the acquisition and working capital requirements in the amount of up to US$60 million. The acquisition was a highly complex multijurisdictional transaction which, after an initial announcement in November 2011, was substantially renegotiated following the announcement of NSN's global restructuring in May 2012. The transaction was multidisciplinary and included the acquisition of intellectual property and other assets, outsourcing, equipment leasing, new strategic supply and R&D collaboration agreements between DragonWave and NSN, as well as the transfer of contract manufacturing and third-party supplier arrangements, establishment of new global subsidiaries including in Luxembourg, Italy and China, and tax and securities laws advice.
- EMI Group Ltd: Acting as US local counsel in connection with the sale of its worldwide music publishing operations to a consortium including Sony/ATV Music Publishing and the sale of its worldwide recorded music operations to Universal Music Group. The deal saw us advising, among other things, on the complex task of documenting numerous corporate transactions in order to separate the music publishing operations and recorded music operations from one another to make the successful separated sale possible.
- European Refreshments / The Coca-Cola Company: Representing European Refreshments, a wholly-owned subsidiary of The Coca-Cola Company, on acquisition of Nidan Juices, the fourth largest juice producer in Russia, from Lion Capital, a UK-based private equity fund. This acquisition will strengthen the Company’s commitment to Russia and exemplify its continued investment.
- Groupe Canal+: Advising on a strategic investment in TVN, a leading private media group, listed on the Warsaw Stock Exchange. This involved: (i) €230 million equity investment in TVN Group and strategic partnership with ITI Group, a shareholder controlling TVN, and (ii) €1.5 billion merger of Canal+’s and TVN’s satellite TV digital platforms in Poland. Groupe Canal+ will pay a total cash consideration of around €230 million for a 40 percent minority stake in N-Vision, which indirectly owns a 51 percent majority stake in TVN, with an option to buy the rest of the stake over time. ITI Group will continue to own the remaining 60 percent controlling stake in N-Vision. The satellite TV platforms of Canal+ and N-Vision are to be merged to create a leading premium TV platform in Poland.
- Multinational oil company: Advising on the sale of Natural Gas Liquids (NGL) business to Plains Mainstream Canada ULC, a wholly owned subsidiary, for $1.67 billion. This is the most recent of several billion-dollar-plus transactions where Dentons has partnered with the oil company. The NGL business owns, operates and has contractual rights to assets that run the gamut of production and distribution functions, from extraction though to wholesale distribution of NGL products across Canada and in the Midwest United States. Among the assets, for example, are approximately 4,000 kilometers of pipeline systems and a storage capacity of 21 million barrels of NGLs.
- MMG Limited, a subsidiary of Minmetals: Advising MMG on its role leading a consortium to acquire the Las Bambas copper project in Peru from GlencoreXstrata for US$5.85 billion.
- National Oilwell Varco, Inc.: Advising on a transaction where CE Franklin announced that it had entered into an arrangement agreement with wholly owned NoV subsidiary, NoV Distribution Services ULC (NDS), pursuant to which NDS has agreed to acquire all of the issued and outstanding common shares of CE Franklin for consideration of C$12.75 in cash per common share. The total consideration payable is approximately C$240 million.
- Nistica: Advising this venture-backed technology company that supplies wavelength selective switches to network equipment manufacturers, in connection with its acquisition by Fujikura, a Tokyo, Japan based global supplier of optical fibers and fiber-optic components.
- Nokia: Advising on the sale of Vertu, the global leader in luxury mobile phones, to Scandinavian private equity house EQT VI in 2012.
- Sahaviriya Steel Group PLC.: Advising on the $468 million purchase of a mothballed steel plant in the north of England by Sahaviriya Steel Industries (SSI). The deal involved a multi-practice team for the complex asset acquisition and financing of a steel production facility, Teesside Cast Products, from Tata Steel Group. This deal represented one of the largest manufacturing transactions in the UK and was shortlisted for the “Corporate Team of The Year” at the 2012 Legal Business Awards.
- SAP AG: Advising on its acquisition of Right Hemisphere, a 3-D virtualization software company, which will enable comprehensive visual communications for SAP customers across all lines of business, from design and manufacturing to sales and service.
- Sistema JSFC: Advising on $379 million sale of Sistema Telecom LLC, a non-operating subsidiary of Sistema JSFC, to OAO Mobile TeleSystems (MTS), the leading telecommunications operator in Russia. The acquisition included a 45 percent stake in TS-Retail, in which MTS already held a controlling 55 percent interest, and property rights in respect of a group of trademarks, including the egg trademarks of MTS, Comstar-UTS and Moscow City Telephone Network (MGTS). As part of the transaction, MTS assumed debt of approximately $59 million. The acquisition provided MTS full control of its logos and trademarks.
- Sony Computer Entertainment Corp: Representing in its acquisition of a number of consumer software entertainment product developers including Incognito Entertainment, Red Zone Interactive, Naughty Dog, Sucker Punch Productions and Zipper Interactive.
- Total, SA: Advising on the acquisition of ExxonMobil's downstream assets in 14 African countries (Chad, Djibouti, Eritrea, Ethiopia, Ghana, Guinea (Conakry), Liberia, Malawi, Mauritius, Mozambique, Sierra Leone, Togo, Zambia and Zimbabwe).
- Total, SA: Advising one of the world’s largest publicly-traded integrated oil and gas companies on the sale of its French solar energy subsidiary Tenesol S.A. to SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems.
- Vivendi: Advising a French provider of multinational communication and media entertainment services on the sale of its interest in Polska Telefonia Cyfrowa, a Polish leading telecoms company, and related settlement of the shareholders’ dispute.
June 14, 2013
June 10, 2013
The 2013 edition of The Legal 500 US recognizes 15 Dentons practices and 42 lawyers, representing a more than 50 percent increase in total rankings in the past year. Recognition for the Firm includes "seamless extensions of clients’ teams;" "exemplary strategic and tactical leadership;" and "far above other firms, both in technical strengths and business experience." Read more
December 20, 2012
The 2013 edition of Chambers USA: America's Leading Lawyers for Business recognizes 32 Dentons practices and 82 lawyers. Recognition for the Firm includes "excellent at representing their clients;" "top-notch firm, very good results with them;" and "always prepared, always accessible, and never fail to deliver." Read more
Earlier this year, the Communications sector team advised Virgin on a strategic partnership agreement to merge its South African mobile telecoms business with Middle East telecoms operator FRiENDi Group to become a new entity called Virgin Mobile Middle East & Africa (VMMEA). On December 4, the deal was honored with the prestigious Telecoms Deal of the Year Award at the CommsMEA 2012 Awards in Dubai. Read more
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September 18, 2014
July 2, 2014
The Canadian Securities Administrators (“CSA”) have announced that they intend to publish a new proposal for changes to the regulation of take-over bids, replacing the two alternative proposals published for comment in March 2013. One of the previous proposals was put forward by the entire CSA and addressed shareholder rights plans specifically, while the Quebec Autorité des marchés financiers (“AMF”) had presented for consideration a less regulatory framework dealing with take-over defensive tactics generally. The new proposal calls for amendments to the take-over bid legislation which would not change the existing CSA policy on take-over defensive tactics but would alter the rules of the take-over game to address long-standing concerns that the current regulatory regime tilts the playing field too far in favour of hostile bidders, impeding the ability of target boards to exercise their fiduciary duties in defending against bids and pursuing superior alternatives. Read more
June 2, 2014
Companies established in the Jebel Ali Free Zone (JAFZ) can now apply to list shares on NASDAQ Dubai. Jebel Ali Free Zone Authority (JAFZA) is the largest free zone in the UAE and hosts over 7,300 trade and manufacturing companies. NASDAQ Dubai is an international stock exchange, located in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority (DFSA). Read more
For the first time in Canada, an individual has been sentenced to jail time for bribing a foreign public official. The three-year penitentiary sentence was handed down by the Ontario Court of Justice under the Corruption of Foreign Public Officials Act, SC 1998, c 34 (the “CFPOA”). Read more
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News and Events
Recent Press Releases
September 1, 2014
19 August 2014
Dentons advised its long-standing client, Expobank, on the successful acquisition of LBBW Bank CZ a.s. from German Landesbank Baden-Württemberg (LBBW). Read more
Global law firm Dentons advised the managing shareholder Alexander Steinberg on the sale of the majority interest in B+P Gerüstbau GmbH to the newly founded AURELIUS Tochtergesellschaft AURELIUS Mittelstandskapital on all legal aspects of the transaction as well as on a tax-wise optimized structure. Read more
The German M&A team of global law firm Dentons has been short-listed by the leading German legal directory JUVE for the “Law firm of the year for M&A” award. Read more
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