Maverick Tube/ Prudential Merger

US-based Maverick Tube Corporation (Maverick) and Calgary-based Prudential Steel Ltd (Prudential) announced on June 11, 2000 that they have agreed to combine their businesses in a transaction valued at US$500 million. The deal will close in September, 2000.

Robert Richardson, Jasprit Gill (corporate/securities) and James Morand (tax) of McCarthy Tétrault act for Maverick. Acting for Prudential are Jim Smeltzer and Brad Markel of Bennett Jones.

Lawyer(s)

James G. Smeltzer James G. Morand Robert J. Richardson Bradley D. Markel