Industry: Utilities & energy
On Apr. 6, ARC Resources Ltd. ("ARC") closed its previously announced $8.1 billion strategic Montney combination with Seven Generations Energy ("Seven Generations") to create a Montney producer and energy developer (the "Business Combination"). ARC is now Canada’s largest condensate producer, third-largest natural gas producer and sixth-largest upstream energy company.
RBC acted as exclusive financial advisor to ARC, while CIBC acted as exclusive financial advisor to Seven Generations.
Burnet, Duckworth and Palmer LLP were counsel to ARC with a team that included
Katy Josephs (M&A);
Mitch Williams (banking);
Mike Henry (energy);
Brittney LaBranche (energy/competition);
Bob Graham (employment);
David de Groot (litigation);
Heather DiGregorio (tax);
Evan Dixon (energy/regulatory).
Stikeman Elliott LLP acted as counsel to Seven Generations Energy with a legal team that included
Olivia Sutter (corporate/M&A);
Kristopher Noonan (employment and labour);
Conrad Gibbs (tax);
David Feldman (competition and foreign investment);
Amy Nugent (banking).