Neil Bindman is a counsel in the Corporate Group who specializes in real estate. His practice is national in nature and focuses on acquisition, joint venture, real estate financing and investments of major commercial properties including residential, retail, industrial and hotels. He also regularly represents major financial institutions on reorganization and insolvency matters. Some of Neil’s clients include major private and public real estate corporations and REITs, private equity groups and banks and pension funds. Neil has been at the cutting edge of sophisticated real estate transactions and has achieved a strong national reputation in the field. He is recognized as a leading real estate lawyer by many legal directories, including The Best Lawyers in Canada and Chambers Canada.
Digital Colony, a global investment firm dedicated to strategic opportunities in digital infrastructure, announced the completion of their purchase of Cogeco Peer 1, a leading provider of colocation, network connectivity and managed services, from Cogeco Communications Inc. (TSX: CCA) for $720 million to create a standalone business under a new brand.
Sagent Pharmaceuticals, Inc., a leader of specialty pharmaceutical products with an emphasis on the injectable market, completed its acquisition of Omega Laboratories Limited, a market leading specialty pharmaceutical company based in Montreal, for approximately US$85.3 million (C$95 million) in cash. The combination of Sagent and Omega creates a premier generic injectable company with a robust product portfolio, deep development pipeline and strong global presence.
Element Financial Corporation acquired the assets and operations of PHH Arval, PHH Corporation's North American fleet management services business, for a purchase price of US$1.4 billion in cash. Element also assumed PHH's obligations under the PHH fleet securitization programs in the US and Canada.