Law Firm | Canadian Lawyer

Stikeman Elliott LLP

27 May 2025

Definity acquires Travelers Canada for $3.3 billion

Deal TypeMerger & Acquisition

IndustryBanking/Finance

Transaction Value$ 3,300,000,000

ClientsDefinity Financial Corporation, Travelers Canada
27 May 2025

K-Bro Linen closes $80.7 million subscription receipt offering following full over-allotment exercise

Deal TypePublic/Private Offering

IndustryOther

Transaction Value$ 80,700,000

ClientsK-Bro Linen Inc., TD Securities Inc., National Bank Financial Inc., Raymond James Ltd., ATB Securities Inc., BMO Nesbitt Burns Inc., CIBC Capital Markets, Acumen Capital Finance Partners Limited, Cormark Securities Inc., Stifel Nicolaus Canada Inc., Leede Financial Inc.
26 May 2025

Sinobec Group obtains CCAA protection amid market pressures and launches SISP

Deal TypeOther

IndustryOther

Transaction ValueUndisclosed/Confidential

ClientsSinobec Group Inc., PricewaterhouseCoopers International Limited
23 May 2025

Glacier Credit Card Trust registers $2 billion in asset-backed notes

Deal TypePublic/Private Offering

IndustryBanking/Finance

Transaction Value$ 2,000,000,000

ClientsGlacier Credit Card Trust®, Canadian Tire Bank, ATB Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Desjardins Securities Inc., Merrill Lynch Canada Inc., MUFG Securities (Canada), Ltd., National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc.
22 May 2025

Brompton Split Banc Corp. launches $150 million ATM offering of Preferred and Class A Shares

Deal TypePublic/Private Offering

IndustryBanking/Finance

Transaction Value$ 150,000,000

ClientsBrompton Split Banc Corp., RBC Dominion Securities Inc.
22 May 2025

AGI completes upsized $85 million offering of senior subordinated unsecured debentures

Deal TypePublic/Private Offering

IndustryAgriculture

Transaction Value$ 85,000,000

ClientsAg Growth International Inc., CIBC Capital Markets, National Bank Financial, TD Securities Inc., Scotia Capital Inc., ATB Securities Inc., BMO Capital Markets, RBC Capital Markets, Desjardins Capital Markets, Raymond James Ltd., Cormark Securities Inc.
20 May 2025

Bartlett completes acquisition of Ceres Global Ag Corp.

Deal TypeMerger & Acquisition

IndustryAgriculture

Transaction Value$ 135,000,000

ClientsBartlett Grain Company, LLC, Ceres Global Ag Corp.
15 May 2025

Sofina Foods to acquire Exceldor Cooperative assets in strategic national expansion

Deal TypeMerger & Acquisition

IndustryAgriculture

Transaction ValueUndisclosed/Confidential

ClientsSofina Foods Inc., Exceldor Cooperative
14 May 2025

Canada Growth Fund invests $156 million in Foran Mining to advance McIlvenna Bay project

Deal TypeFinancing/Investment

IndustryMining

Transaction Value$ 156,000,000

ClientsCanada Growth Fund Inc., Foran Mining Corporation
14 May 2025

Li-Cycle seeks CCAA protection amid cost overruns and liquidity crisis

Deal TypeOther

IndustryEnergy

Transaction ValueUndisclosed/Confidential

ClientsLi-Cycle Corp., Alvarez & Marsal Canada Inc., Glencore, Investors (undisclosed), Koch Strategic Platforms, United States Department of Energy, Citibank