Kevin D. Ackhurst

Kevin D. Ackhurst

Partner at Stikeman Elliott LLP
(416) 869-5680
(416) 947-0866
199 Bay St, Suite 5300, Commerce Court West, Toronto, ON
Year called to bar: 1999
Kevin Ackhurst is a partner in the competition and foreign investment group. He has over 20 years of extensive experience providing timely and practical advice to help businesses navigate the Canadian regulatory processes involved in mergers and acquisitions, joint ventures, and strategic alliances. Ackhurst advises on civil and criminal competition law matters, including abuse of dominance, cartels, competitor collaborations, mergers, misleading advertising, and pricing and distribution practices. To assist clients in staying onside the Competition Act, Ackhurst develops and helps implement competition law compliance programs for large and small organizations. Ackhurst also advises clients on the review of foreign investments under the net benefit and national security provisions of the Investment Canada Act. Ackhurst works with Canadian and international clients across a broad range of industries, including aerospace, agribusiness, automotive, consumer products, energy, film, video, publishing and recorded music, financial services, mining, newspaper, oil and gas, pharmaceuticals, specialty chemicals, telecommunications, and transportation.
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Competition law under review for Canadian business
How competition holds up in the modern economy is a hot topic for policymakers worldwide
Morgan Stanley completed the acquisition of Solium Capital Inc., a leading global provider of software-as-a-service for equity administration, financial reporting and compliance, headquartered in Calgary, for $1.1 billion.
On July 2, 2015, Data & Audio-Visual Enterprises Wireless Inc., operating as “Mobilicity”, was acquired by an affiliate of Rogers Communications Inc. in a transaction valued at $465 million. Mobilicity, a Canadian wireless telecommunications carrier, commenced creditor protection proceedings under the Companies’ Creditors Arrangement Act in September 2013. The transaction offered significant value to Mobilicity’s creditors and allowed Mobilicity to emerge from creditor protection as a going concern. The transaction ensures certainty of service for Mobilicity customers on the Rogers network and also results in Rogers gaining significant spectrum capacity in new markets which provides faster speeds and better quality for all Rogers customers. The transaction was subject to government and court approvals and was completed on July 2, 2015.
Postmedia Network Inc. (Postmedia) completed the acquisition of Sun Media Corporation’s (Sun Media) English language newspapers and speciality publications, as well as digital properties including the Sun chain of dailies, consisting of The Toronto Sun, The Ottawa Sun, The Winnipeg Sun, The Calgary Sun and The Edmonton Sun, as well as The London Free Press and the free 24 Hours dailies in Toronto and Vancouver, from Quebecor Media Inc. (the Sun Media Acquisition).
City Centre Terminal Corp., a wholly-owned subsidiary of Porter Aviation Holdings Inc. (PAHI), completed the sale of substantially all of its assets, including the passenger terminal at Billy Bishop Toronto City Airport (BBTCA), to Nieuport Aviation Infrastructure Partners GP (Nieuport), a consortium of Canadian and international infrastructure equity investors.