Norton Rose Fulbright

Nuvei enters into agreement to be taken private by Advent International, alongside existing Canadian shareholders Philip Fayer, Novacap and CDPQ at a price of US$34.00 per share

Retrieved on: 
Monday, April 1, 2024
Hierarchy, Multiple, Special, History, Bank statement, BMO Capital Markets, Partnership, Committee, Minority, Risk, EDGAR, Toronto Stock Exchange, Head, Advent International, Arrangement, Willkie Farr & Gallagher, Related, Kirkland & Ellis, Schedule, Blake, Cassels & Graydon, CDPQ, Regulation, Meeting, TSX, Canada Business Corporations Act, RBC Capital Markets, E-commerce, Norton Rose Fulbright, Growth, LLP, Security (finance)

MONTREAL, April 1, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), today announced that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") to be taken private by Advent International ("Advent"), one of the world's largest and most experienced global private equity investors, with the support of each of the Company's holders of multiple voting shares ("Multiple Voting Shares"), being Philip Fayer, certain investment funds managed by Novacap Management Inc. (collectively, "Novacap") and CDPQ, via an all-cash transaction which values Nuvei at an enterprise value of approximately US$6.3 billion. The Company will continue to be based in Montreal.

Key Points: 
  • Nuvei will benefit from the significant resources, operational, and sector expertise, as well as the capacity for investment provided by Advent.
  • Philip Fayer will remain Nuvei's Chair and Chief Executive Officer and will lead the business in all aspects of its operations.
  • Fayer continued: "Our strategic initiatives have always focused on accelerating our customers revenue, driving innovation across our technology, and developing our people.
  • Bringing in a partner with such extensive experience in the payments sector will continue to support our development."

Norton Rose Fulbright welcomes back Neely Agin as US Head of Antitrust

Retrieved on: 
Tuesday, March 5, 2024
Love, FTC, Coif, Corporate law, Competition, Human, Risk, Private law, Emory University, DOJ, Agin, Federal Trade Commission, Lawyer, Norton Rose Fulbright, Consultant

Washington, DC, March 05, 2024 (GLOBE NEWSWIRE) -- Global law firm Norton Rose Fulbright announced today that Neely Agin has rejoined the firm as its US Head of Antitrust.

Key Points: 
  • Washington, DC, March 05, 2024 (GLOBE NEWSWIRE) -- Global law firm Norton Rose Fulbright announced today that Neely Agin has rejoined the firm as its US Head of Antitrust.
  • Agin focuses on antitrust and competition matters, guiding companies through merger review and clearance processes and other antitrust investigations by the US Department of Justice (DOJ) and Federal Trade Commission (FTC).
  • Jeff Cody, Norton Rose Fulbright’s US Managing Partner, said:
    “Neely is a leader with an impressive track record of advising clients on complex antitrust matters.
  • Norton Rose Fulbright provides a full scope of legal services to the world’s preeminent corporations and financial institutions.

Norton Rose Fulbright grows in St. Louis with executive compensation and employee benefits partner

Retrieved on: 
Thursday, February 29, 2024
Lawyer, ERISA, Private law, Health, Best, University, Employment, Science, Norton Rose Fulbright, Partnership

St. Louis, MO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Global law firm Norton Rose Fulbright announced today that Adam Braun has joined its St. Louis office as a partner in its employee benefits and executive compensation group.

Key Points: 
  • St. Louis, MO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Global law firm Norton Rose Fulbright announced today that Adam Braun has joined its St. Louis office as a partner in its employee benefits and executive compensation group.
  • Braun advises clients on a range of executive compensation and employee benefits matters, particularly in the context of mergers and acquisitions.
  • Jeff Cody, Norton Rose Fulbright’s US Managing Partner, said:
    “Companies seek out Adam for his extensive employee benefits and executive compensation experience.
  • Coming to the firm’s award-winning employee benefits and executive compensation group presents a fantastic opportunity to provide sophisticated compensation and benefits advice to a massive platform of clients around the world."

NowVertical Group Comments on Press Release Issued by Daren Trousdell

Retrieved on: 
Friday, January 19, 2024
Norton Rose Fulbright, Sale, Acquisition, Separation, AI

TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (“NowVertical” or the “Company”) (TSX-V: NOW) (OTCQB: NOWVF), a leading data analytics and AI solutions company, responds to a press release issued by Daren Trousdell, a shareholder of NowVertical and a former officer and director of the Company.

Key Points: 
  • TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (“NowVertical” or the “Company”) (TSX-V: NOW) (OTCQB: NOWVF), a leading data analytics and AI solutions company, responds to a press release issued by Daren Trousdell, a shareholder of NowVertical and a former officer and director of the Company.
  • In connection with Mr. Trousdell’s resignation as an officer and director of the Company at the end of May 2023, Mr. Trousdell signed a separation agreement (the “Separation Agreement”).
  • Over the last six months, the Company has acted decisively to position NowVertical for sustainable long-term organic and inorganic growth, improving shareholder value.
  • Norton Rose Fulbright Canada LLP is acting as legal counsel to NowVertical.

Minister of Justice and Attorney General of Canada announces a judicial appointment to the Federal Court

Retrieved on: 
Monday, January 29, 2024
Intellectual property, Family, Woman, Legislation, IP, The Criminal Code, Government, Person, Norton Rose Fulbright, Supreme Court of Canada, Federal court, Tax court, Survivor, Questionnaire, McGill University, Language, Criminal code, Disability, Cabinet, Dignity, LL.B, Complex, Supreme court, Patent, Partnership, Justice, Judiciary Act of 1925

Justice Whyte Nowak replaces Justice S. Roussel, who was elevated to the Federal Court of Appeal effective April 19, 2022.

Key Points: 
  • Justice Whyte Nowak replaces Justice S. Roussel, who was elevated to the Federal Court of Appeal effective April 19, 2022.
  • She has experience litigating at the Federal Court, Federal Court of Appeal and Supreme Court of Canada.
  • This includes 62 appointments since the Honourable Arif Virani became Minister of Justice and Attorney General of Canada on July 26, 2023.
  • Federal judicial appointments are made by the Governor General, acting on the advice of the federal Cabinet and recommendations from the Minister of Justice.

Orion Resource Partners to Support Euro Manganese with US$100 Million Funding Towards the Development of the Chvaletice Manganese Project

Retrieved on: 
Tuesday, November 28, 2023
ASX, FID, OMRF, EMN, LLP, Receipt, European, Royalty, BK, Manganese, G&A, Norton Rose Fulbright, Chvaletice

The royalties will be calculated on a quarterly basis and the sliding scale rate is dependent on the high-purity manganese products prices achieved during the respective quarter.

Key Points: 
  • The royalties will be calculated on a quarterly basis and the sliding scale rate is dependent on the high-purity manganese products prices achieved during the respective quarter.
  • All aspects of the Funding Package were structured to meet Project finance bankability requirements.
  • Both the Convertible Loan Facility and the Royalty Financing sit alongside, and reduce, the project finance debt and equity required for the full Project financing.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “This is a transformative transaction for Euro Manganese, providing a Funding Package that facilitates the best possible pathway to a final investment decision and representing a collaboration between Euro Manganese, Orion, and Stifel.

Ember Completes Take Private of H2O Innovation

Retrieved on: 
Friday, December 8, 2023
Banking, Professional Services, Utilities, Sustainability, Alternative Energy, Energy, Environment, Engineering, Chemicals, Plastics, Finance, Climate Change, Manufacturing, Acquisition, Climate change, CDPQ, Weil, Gotshal & Manges, LLP, Blake, Cassels & Graydon, Norton Rose Fulbright, Multimedia, Water resources, Growth, Committee, Innovation, Ember

View the full release here: https://www.businesswire.com/news/home/20231207260231/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231207260231/en/
    “Closing this transaction marks the start of an exciting chapter for H2O Innovation, as we continue our expansion with the resources and expertise that our new partners at Ember can bring to the Company and our customers,” said Frédéric Dugré, President, Chief Executive Officer and co-Founder of H2O Innovation.
  • We believe H2O Innovation is very well positioned to meet these needs for its customers as it continues to grow its footprint and the scope of its solutions.”
    As part of this transaction, IQ, previously the largest shareholder of H2O Innovation, rolled over all of its H2O Innovation shares and increased its equity ownership in the Company.
  • Furthermore, CDPQ and the key executives of H2O Innovation have rolled over significant portions of their H2O Innovation shares.
  • Scotiabank Capital Inc. acted as exclusive financial advisor to H2O Innovation and Desjardins Capital Markets acted as independent financial advisor to the Special Committee of H2O Innovation.

Veteran Antitrust Litigator and Former FTC Attorney Joins Davis Wright Tremaine LLP in New York

Retrieved on: 
Wednesday, December 6, 2023
Legal, Technology, Other Communications, Other Technology, Communications, Professional Services, Media, Other Health, Health, Senior counsel, Pace University, Norton Rose Fulbright, Private practice, Federal Trade Commission, Tufts University, Weil, Gotshal & Manges, Competition, Student, University School, FTC, Davis Wright Tremaine, Heat, Nursing

Gerald A. Stein, a former attorney in the Federal Trade Commission’s Bureau of Competition, and a highly skilled litigator and counselor in private practice, has joined Davis Wright Tremaine LLP as a partner in the firm’s New York City office.

Key Points: 
  • Gerald A. Stein, a former attorney in the Federal Trade Commission’s Bureau of Competition, and a highly skilled litigator and counselor in private practice, has joined Davis Wright Tremaine LLP as a partner in the firm’s New York City office.
  • He previously spent eight and a half years at the FTC, where he reviewed, investigated, and litigated M&A deals and purported anti-competitive conduct across a variety of industries.
  • “A senior antitrust litigator like Gerald is a rare find,” said Jaime Drozd, co-leader of the litigation practice group at Davis Wright.
  • He later joined O’Melveny & Myers LLP, where he focused on antitrust litigation involving defense of cartels and exclusive dealing.

Crescent Point Transforms Portfolio with Strategic Alberta Montney Consolidation

Retrieved on: 
Monday, November 6, 2023
Japan Act of Specified Commercial Transactions, High production volume chemicals, Duvernay, Scotiabank, Crescent Point Energy, Royal Bank of Canada, Bank, NYSE, CPG, RBC Capital Markets, KARR, US, BMO Capital Markets, Public expenditure, Consultant, Gold Creek, Gold, Riverstone, McDaniel, Transaction, Engineering, Environment, Toronto Stock Exchange, Growth, Risk, Webcast, Return, Riverstone Holdings, AECO, Royal Bank, Agreement, Crescent, Map, Norton Rose Fulbright, TSX, Accretion (finance), Oil, Cryptocurrency, Airline, Sales, Security (finance), Crown, Hammerhead

“This strategic consolidation is an integral part of our overall portfolio transformation,” said Craig Bryksa, President and CEO of Crescent Point.

Key Points: 
  • “This strategic consolidation is an integral part of our overall portfolio transformation,” said Craig Bryksa, President and CEO of Crescent Point.
  • Establishes Dominant Position in the Alberta Montney with 350,000 Net Acres of Contiguous Land Providing Synergies: The Transaction is accretive to Crescent Point’s portfolio and allows the Company to consolidate approximately 105,000 net acres of land with Montney rights, directly adjacent to its existing Alberta Montney position at Gold Creek and Karr.
  • Increases Premium Drilling Inventory to Over 20 Years: Adds approximately 800 net Montney drilling locations, further bolstering Crescent Point’s short-cycle asset portfolio.
  • The following graphic shows the acquired assets in relation to Crescent Point’s existing land position in the Alberta Montney.

H2O Innovation Signs Definitive Agreement to Be Acquired by Ember Alongside IQ, CDPQ and Management

Retrieved on: 
Tuesday, October 3, 2023
Other Manufacturing, Engineering, Chemicals, Plastics, Utilities, Manufacturing, Energy, Other Natural Resources, Mining, Minerals, Natural Resources, Davies Ward Phillips & Vineberg, Canada Business Corporations Act, Special, CDPQ, Entrepreneurship, Acquisition, Transaction, Toronto Stock Exchange, Canadian House of Commons Special Committee on Electoral Reform, HEO, Minority, Capital market, Financial assistance (share purchase), Innovation, Meeting, Philosophy, Privatization, TSX, Growth, Multilateral, Proxy, Scotiabank, LLP, Committee, Disclosure, Desjardins, Carbon, Blake, Cassels & Graydon, Investissement Québec, Water, Norton Rose Fulbright, Rollover, Weil, Gotshal & Manges, Partnership, MI, IQ, Arrangement, Prospectus, Consideration, OTCQX, Security (finance), Holding company, Management, Bank, Audit, Shareholder, Ember, Share (finance), Corporation, H2O

“After extensive work we have concluded that this transaction is in the best interest of H2O Innovation and fair to our Shareholders.

Key Points: 
  • “After extensive work we have concluded that this transaction is in the best interest of H2O Innovation and fair to our Shareholders.
  • In addition to the attractive premium offered to H2O Innovation’s Shareholders, Ember has agreed to key commitments for H2O Innovation and its stakeholders.
  • Upon completion of the Transaction, Ember will be the controlling shareholder of H2O Innovation, with IQ, CDPQ and the key executives of H2O Innovation, together, holding an equity interest in the Corporation of approximately 21%.
  • Scotiabank acted as exclusive financial advisor to H2O Innovation and Desjardins acted as independent financial advisor to the Special Committee.