AGF Acquires Magna Vista

AGF Management Limited, one of Canada’s premier mutual fund and investment management companies, announced on June 28, 2000 that it has entered into an agreement to acquire 100 per cent of the outstanding shares of Montreal-based investment management firm Magna Vista Capital Management Inc. (Magna Vista). The transaction will be completed through an exchange of cash and AGF Class B non-voting shares and is subject to regulatory approval.

Torys is assisting AGF in-house counsel, Judy Goldring, on the deal, with a team that includes Marlene Davidge, Deanna Dobrowsky, and Hugh O’Reilly. Brahm Gelfand and Howard Levine of Lapointe Rosenstein in Montreal led a team of lawyers acting for Magna Vista.