The Special Committee of Canfor Corp.

The Special Committee of Canfor in Canfor’s arrangement agreement with Great Pacific Capital

Client

The Special Committee of Canfor Corp.

Value

$2 billion

Service

Mergers and Acquisitions

Date Closed

Lead Office

Vancouver


 

On October 28, 2019, Canfor Corporation announced its arrangement agreement with Great Pacific Capital Corp. Under the terms of the arrangement agreement, Great Pacific will acquire all of the Canfor shares it does not already own for cash consideration of $16.00 per share, approximately $2 billion overall. 

Canfor is based in Vancouver and has forestry operations in B.C., Alberta, the U.S. and Sweden. The company primarily deals in softwood lumber and also owns the majority of Canfor Pulp Products Inc, one of the world’s largest global producers of market northern softwood kraft pulp.

Great Pacific, based in Vancouver, BC, is a member of the Pattison Group.

Osler, Hoskin & Harcourt LLP advised the Special Committee of Canfor with a team led by Trevor Scott and Jeremy Fraiberg and consisting of Alan Hutchison (Corporate),  Patrick Sullivan (Corporate), Dov Begun (Tax), Matias Milet (Tax) Sagar Memon and Ian Morrison.


Team
Trevor R. Scott
Key Contact

Trevor R. Scott

Partner, Corporate

Jeremy  Fraiberg

Jeremy Fraiberg

Partner, Corporate

Alan Hutchison - Mining lawyer

Alan Hutchison

Partner, Corporate

Patrick has a broad corporate practice with an emphasis in securities, mining and corporate gover..

Patrick Sullivan

Associate, Corporate

Dov  Begun

Dov Begun

Partner, Taxation

Matias Milet

Matias Milet

Partner, Taxation

Sagar Memon

Sagar Memon

Associate, Corporate

Ian Morrison

Ian Morrison

Associate, Corporate