On January 7, 2016, Videotron G.P. (Videotron), a wholly owned subsidiary of Quebecor Media Inc. (TSX: QBR.B), completed the acquisition of Fibrenoire Inc. (Fibrenoire), a telecommunications company specializing exclusively in fibre-optic connectivity services for businesses in Québec and Ontario. The deal is valued at $125 million.
Videotron was represented internally by its in-house legal team led by Marc Tremblay, Senior Vice President, Chief Legal Officer and Public Affairs and Secretary, Christian Marcoux, Senior Director Legal Affairs, Financing and M&A and Corporate Secretariat and Dominique Poulin-Gouin, Director, Corporate Secretariat and Assistant Secretary, and was assisted by Fasken Martineau DuMoulin LLP with a team led by Niko Veilleux that included Constantinos Ragas and Lénie Tessier-Beaulieu (M&A).
Fibrenoire’s controlling shareholder, Novacap, was represented internally by an in-house legal team led by Bruno Duguay, Chief Legal Officer of Novacap, and was assisted by McMillan LLP with a team led by Charles Chevrette that included Stéphanie Hamelin (M&A) and Michel Ranger (tax). McMillan LLP also acted for the other shareholders of Fibrenoire