On July 22, 2005, Dofasco Inc. completed the acquisition of substantially all of the shares of Québec Cartier Mining Inc. The shares previously owned by Investissement Québec and Caemi Mineração e Metalurgia SA of Brazil were purchased by Dofasco for total consideration of $306 million, resulting in Dofasco owning over 98.7 per cent of the shares.
Dofasco was represented by Joan Weppler, general counsel, and Grant Currier, senior counsel, and by Fasken Martineau DuMoulin LLP with a team comprised of Walter Palmer and Jeff Klam (corporate) and Huy Do (competition) in Toronto, and Louis Séguin, Diane Bertrand, Mark Paterson and Alain Ranger (tax) in Montreal.
Investissement Québec was represented by in-house counsel Pierre Chartrand. Caemi was represented by Philip Nolan, David Eramian and Philippe Asselin of Lavery, de Billy LLP. Québec Cartier Mining was represented by Robert Borduas, Alain Ricard and Michèle Friel of Ogilvy Renault LLP.