Husky Energy Inc.

Husky Energy Inc. in its proposed acquisition of MEG Energy Corp. for $6.4 billion

Client

Husky Energy Inc.

Value

$6.4 billion

Service

Mergers and Acquisitions

Date Closed

Industry

Energy (Oil & Gas)

Lead Office

Calgary


On September 30, 2018, Husky Energy Inc. ("Husky Energy") announced a proposal to acquire all of the outstanding shares of MEG Energy Corp. ("MEG") at an implied total enterprise value of $6.4 billion, including the assumption of approximately $3.1 billion of net debt.

The acquisition aims to increase upstream and downstream oil production while providing increased free cash flow per share, production growth and a basis for future dividend increases.

Osler, Hoskin & Harcourt LLP represents Husky Energy with a team led by Dan Kolibar (Corporate), and consisting of Justin Sherman, Jeremy Fraiberg, Rob Lando, Kelsey Armstrong, Courtney Bohn, Jordan Adler, Lily Liu, Jon McDonald (Corporate), Peter Glossop, Kaeleigh Kuzma, Jaime Auron (Competition/Antitrust & Investment Canada), Tris Mallett, Tommy Gelbman (Litigation), Jennifer Lee, Kevin Colan, Chad West (Tax), Nathaniel Lipkus (Intellectual Property), Shaun Parker (Employment & Labour), Craig Spurn (Energy).


Team
Daniel Kolibar
Key Contact

Daniel Kolibar

Partner, Corporate

Rob  Lando

Rob Lando

Partner, Corporate

Jeremy  Fraiberg

Jeremy Fraiberg

Partner, Corporate

Peter Glossop - Foreign Investment Lawyer

Peter Glossop

Partner, Competition/Antitrust & Foreign Investment

Thomas D.  Gelbman

Thomas D. Gelbman

Partner, Litigation

Tristram Mallett - Corporate and Commercial Litigator

Tristram Mallett

Partner, Litigation

Craig Spurn

Craig Spurn

Partner, Corporate

Nathaniel Lipkus | Intellectual Property Litigator

Nathaniel Lipkus

Partner, Intellectual Property

Kevin Colan

Kevin Colan

Counsel, Taxation

Jennifer Lee

Jennifer Lee

Partner, Taxation

Kaeleigh Kuzma

Kaeleigh Kuzma

Partner, Competition/Antitrust & Foreign Investment

Courtney Bohn

Courtney Bohn

Associate, Corporate

Justin Sherman

Justin Sherman

Associate, Corporate

Chad West

Chad West

Associate, Tax

Jaime Auron

Jaime Auron

Associate, Competition/Antitrust & Foreign Investment

Shaun Parker

Shaun Parker

Associate, Employment & Labour

Kelsey  Armstrong

Kelsey Armstrong

Associate, Corporate

Jordan has completed his second year of the Dual J.D. program at the University of Windsor

Jordan Adler

Articling Student