Informission Group Inc., a rapidly growing public company providing exclusive solutions for the WEB as well as for the integration of information systems and for the telecommunications industry, has recently completed the acquisition of Intellia Inc., a majority owned subsidiary of Communications Quebecor Inc., and a Canadian leader in new business communications. Concurrently with the closing of this acquisition, Communications Quebecor Inc. completed a partial take over bid in respect of shares of Informission Group Inc. Following the closing of this transaction, Communications Quebecor owns approximately 57% of all issued and outstanding shares of Informission Group Inc. The total value of these transactions is approximately $150 million.
Informission Group Inc. was advised in these transactions by McCarthy Tétrault through the firm’s Quebec City and Montreal office. The lawyers on the McCarthy Tétrault’s side were François Amyot, Franziska Ruf, Philippe Leclerc and Pascal Paradis. Counsel to Communications Quebecor Inc. and Intellia Inc. were Fasken Martineau (now Fasken Martineau DuMoulin (Robert Paré, Jacques Rajotte, Frédéric Despars, Louis Mousseau, Simon Marchand-Fortier, and Michel Boislard. André Laurin of Lavery de Billy acted for the Special Committee of the Directors of Informission Group Inc.