Aug. 19, 2024 - Following the Canadian Competition Bureau’s 2023 Retail Grocery Market Study in which it recommended that provincial and territorial governments take measures to limit property controls in the grocery industry, including banning their use, the Bureau recently released for public comment a...
Announcement
Shaw Communications Enters into Agreement to Sell Shaw Media to Corus Entertainment
Davies acted for Shaw Communications in connection with its sale of Shaw Media to Corus Entertainment for $2.65 billion. Shaw Media owns Global Television Network and 19 specialty channels including HGTV Canada, Food Network Canada and Showcase.
This transaction firmly positioned Shaw as a leading pure-play connectivity provider with an attractive growth profile. The proceeds from this sale were used to finance Shaw’s acquisition of WIND Mobile for $1.6 billion. Davies acted for WIND Mobile on that transaction.
The Davies team on this transaction included Vincent Mercier, Peter Hong, Brett Seifred and Evan Griffith (M&A); Derek Vesey (Financing); Elie Roth and Andrew Ellis (Taxation); and John Bodrug and Jim Dinning (Regulatory).
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July 25, 2024 - In a historical opinion in Loper Bright Enterprises v. Raimondo, Secretary of Commerce, released at the end of June, the U.S. Supreme Court overturned the “Chevron” doctrine, which for so long had controlled judicial review of U.S. federal regulations. Chevron, decided in...
