199 Bay St, Suite 5300, Commerce Court West, Toronto, ON
Year called to bar: 1985 (ON)
Mihkel Voore is a partner in the Capital Markets, Securities and Mergers & Acquisitions Groups. His practice focuses on corporate and securities law, specializing in mergers & acquisitions, corporate finance, corporate governance and contested shareholder meetings. He is a former co-chair of the Securities Group and the former Chair of the Corporate Finance Group in the Toronto office. Mihkel’s extensive corporate finance experience has included significant equity offerings by Canadian financial institutions and pharmaceutical, biotech, mining and energy companies, as well as medium-term note and other public and private debt offerings by large Canadian and US companies and banks. His M&A experience includes various transactions including a tender offer by a large multinational pharmaceutical and chemicals company for the minority shares of its Canadian subsidiary, and acquisitions by Canada’s largest technology company, a large Norwegian metals and energy conglomerate and a major African gold mining company. Mihkel is a member of the Law Society of Ontario, the Canadian Bar Association and the International Bar Association. He acted as legal advisor to the Expert Panel on Securities Regulation appointed by the federal Minister of Finance.
On May 2, 2018, Aurora Cannabis completed its $1.23 billion (US$950 million) takeover bid for all of the outstanding shares CanniMed Therapeutics Inc. This transaction represents the largest to date (completed) acquisition for the Canadian cannabis sector.
In the culmination of a complex cross-border bankruptcy sales and auction process, on February 28, 2017, Performance Sports Group Ltd. (PSG) announced the completion of the sale of substantially all of its assets to an investor group led by Sagard Holdings Inc. (Sagard) and Fairfax Financial Holdings Limited (Fairfax) for US$575 million, subject to certain adjustments, and the assumption of related operating liabilities.
On January 15, 2016, Sprott Asset Management completed its successful hostile takeover bid to acquire all of the outstanding units of Central GoldTrust in exchange for units of Sprott Physical Gold Trust on a net asset value to net asset value basis. The transaction was valued at over $1 billion.
On September 30, 2015, Hudson’s Bay Company successfully completed the previously announced acquisition of GALERIA Holding, the parent company of Germany’s leading department store GALERIA Kaufhof and Belgium’s only department store, Galeria INNO, for an enterprise value of $3.8 billion.