Lowe’s completes acquisition of RONA

On May 20, 2016, Lowe’s Companies Inc. (Lowe’s) completed its friendly acquisition of Rona Inc. (Rona) by way of a plan of arrangement under the Business Corporations Act (Québec) for $3.2 billion. Under the deal, Lowe’s acquired all of the issued and outstanding common shares of Rona for $24 a share in cash. 

Lowe’s was represented in Canada by William Braithwaite, Amanda Linett, Steeve Robitaille, Robert Carelli, Daniel Borlack, Aniko Pelland, Daniel Glavin, Danial Zeppetelli and Antoine Champagne (M&A), Mario Paura, Stefan Fews, Andrew Elliott, Tara Mandjee, Brady McLeod, Djiffa Gabriel Dogbé and Carla L’Écuyer (real estate), Paul Collins, Michael Kilby, Michael Laskey and William Wu (regulatory), Larry Cobb and Myriam Fortin (environmental), Hélène Bussières, Lorna Cuthbert, Kelly O’Ferrall and Marie-Lou Gauthier (employment), Aiden Talai (pensions), Ron Durand and Lindsay Gwyer (tax), Justine Whitehead and Gina Demczuk (IP), Howard Rosenoff and Peter Hamilton (banking), Frédéric Paré and Rémi Leprévost (litigation) of Stikeman Elliott LLP; and in the US by Richard Wyatt, Steve Patterson, Richard Warren and Eric Nedell of Hunton & Williams LLP

Rona was represented by Francis Legault, Steve Malas, Nicolas Labrecque, Amélie Métivier, Vincent Filiatrault and Renée Loiselle (M&A), Jules Charrette (tax), Thierry Dorval, Kevin Ackhurst and Marilyne Rougeau (regulatory), Robert Borduas, Alain Ricard, Mélanie Dupuis-Giuliani (banking), and Julie Himo (litigation) of Norton Rose Fulbright Canada LLP.