Walied Soliman is the Canadian chair of Norton Rose Fulbright and co-chair of the Special Situations team. He is widely regarded as one of Canada’s leading lawyers in his field, having been involved in some of the most significant and complex M&A transactions and proxy battles in the country, advising buyers and sellers, boards, hostile bidders and shareholder activists. In addition, his practice focuses on restructurings, corporate finance, governance and structured products. Mr. Soliman was mandated in 2020 by the government of Ontario to chair the Capital Markets Modernization Taskforce. In 2019, Mr. Soliman was chosen by the United Nations Association in Canada to be its Global Citizen Laureate for his professional merit and service to the community. He was the only lawyer featured in The Globe and Mail's Report on Business Magazine Power 50 list in 2017, was designated a Star Lawyer by Acritas for ranking in the top 28 lawyers globally, and he has been continuously recognized by the most prestigious legal rankings over the years, including Chambers & Partners and The Legal 500. Mr. Soliman sits on the boards of the BlackNorth Initiative against anti-Black racism, Ryerson University, and the Toronto SickKids Hospital Foundation.
On August 30th, 2019 Aquilini GameCo Inc. completed its previously announced acquisition of Luminosity Gaming Inc. and Luminosity Gaming (USA), LLC, as well as its subsequent amalgamation with J55 Capital Corp. (TSXV: FIVE.P) and arrangement with Enthusiast Gaming Holdings Inc. (TSXV: EGLX).
On March 23, 2018, Aphria Inc. (Aphria)(TSX: APH and US OTC: APHQF) completed its acquisition of Nuuvera Inc. (Nuuvera) pursuant to a plan of arrangement under the Business Corporations Act (Ontario) for approximately $425 million.
On March 21, 2016, Suncor Energy Inc. (Suncor) completed its acquisition of Canadian Oil Sands Limited (COS). The transaction began as an unsolicited take-over bid made by Suncor on October 5, 2015, under which Suncor offered 0.25 of a Suncor share for each COS share, and was subsequently completed following the signing of a Support Agreement by Suncor and COS on January 17, 2016, pursuant to which Suncor agreed to increase its offer price to 0.28 of a Suncor share for each COS share, with the amended offer supported by the COS board of directors.
Transeastern Power Trust completed the acquisition of two photovoltaic solar power production plants in Romania for a gross purchase price of over $40 million (€29 million) and concurrent debt and equity financings valued at over $18.0 million.
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.