Dec 13, 2017
Osler is proud to have represented WS Atkins PLC in its acquisition by SNC-Lavalin Group Inc., which was named Listed’s 2017 Deal of the Year. The deal, worth C$3.6 billion, is the biggest ever takeover for SNC-Lavalin, pushing it into the top tier of engineering firms worldwide.
According to Listed, the deal to acquire Atkins was “a massive deal — both in value and transformative impact,” which was why it was chosen as Deal of the Year.
Osler partner Emmanuel Pressman — who represented Atkins along with partners Clay Horner and Desmond Lee — tells Listed the deal represents the importance of robust and creative financing as Canadian companies look to the global market for potential deals.
“Strategic growth opportunities for dominant, large cap, Canadian-based, global businesses are fewer and far between,” Pressman tells Listed. “It goes to show that in a global market where so much capital is chasing a finite number of deals, businesses remain driven by growth strategies.”
View more information about the transaction.