Lexpert Roundup on the Business of Law
Lexpert identifies and reports on emerging business issues and practice areas in the business of law. Whether online, in our magazine or in the DealsWire e-newsletter, we chronicle deals and lawsuits of interest, and cover issues of broad concern to the legal profession and those who purchase legal services. We hope you enjoy this sampling of our latest content.
From the DealsWire: Cannabis sector explosion | Marijuana mania | Blackstone-Thomson Reuters partnership
The Lexpert DealsWire (subscribe here) documents facts, figures and key legal players behind recent deals. This week's announced deal spotlight features the key players and figures in Sienna Senior Living's purchase of a portfolio of ten retirement residences in Ontario.
In our closed deals section, we look at two high-profile oil and gas divestitures: the sale of Cenovus Energy's light oil assets in Saskatchewan and the sale of Centrica's Canadian exploration and production business.
We also look at Axium Infrastructure acquiring TransCanada Energy's solar portfolio in Ontario, as well as Belgian company Kinepolis Group acquiring Landmark Cinemas.
On the Deal Q&A: Scaling up Sweet
Deal-making has never been so sweet in the rapidly consolidating maple syrup industry. Rogers Sugar had long planned to diversify. It finally found a match in L.B. Maple Treat – a bottler and distributor of Canada's iconic "liquid gold," aka maple syrup. Here's an inside look at how the lawyers closed the $160.3-million acquisition.
M&A, financings explode in cannabis sector
Cannabis, not very long ago the stuff of back-alley deals, is fast becoming a major player in public markets. With recreational marijuana use set to become legal in Canada in July, and another 200 licensed companies joining the 84 already licensed for medical use, the sector has already seen consolidation, new financings and public offerings, not to mention a wave of research and development.
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