Skip To Content
Robert Yalden - M&A Lawyer in Montréal

Robert M. Yalden

Partner, Corporate

Co-Chair: Mergers and Acquisitions

Key Contact: Corporate Governance


Contact Information

ryalden@osler.com

tel: 514.904.8120

Office

Montréal

Bar Admission

Québec, 1992

Ontario, 1991

Education
  • Université de Montréal, LL.B.
  • University of Toronto, LL.B.
  • Oxford University, M.A. (Jurisprudence)
  • Queen’s University, B.A. (Honours)
Language(s)
English, French

Robert is Co-Chair of Osler’s National Mergers and Acquisitions Practice and Head of the Corporate Department in Osler’s Montréal office. He has previously served as a member of the firm's Executive Committee and was part of the team that opened Osler’s Montréal office in 2001.

Repeatedly recognized as one of Canada’s leading business lawyers, Robert advises management teams and boards of directors in connection with a wide range of M&A transactions, including hostile and friendly business acquisitions, special committee mandates, going-private transactions and strategic alliances.  In addition, Robert also advises on public and private securities financings, corporate governance issues (including for a range of crown corporations) and general public company matters.

Robert’s career with Osler spans 25 years, during which he has participated in some of Canada’s most innovative and ground breaking transactions. He led the Osler team involved in Canada’s largest ever completed leveraged buy-out, as well as the Osler teams involved in the largest private equity deals in Québec in 2014 and 2015.  He was intimately involved with implementing the first poison pill in Canada and has since worked with many companies on their M&A defense strategies. He also led the Osler team involved with significant proxy fights that saw the problem of “empty voting” on the part of activist investors receive considerable public scrutiny in Canada.

Robert is a former law clerk to Madame Justice Bertha Wilson of the Supreme Court of Canada and is an Adjunct Professor with McGill University’s Faculty of Law. He has written extensively on business law issues and is also active with a number of boards and charitable organizations.

    • TELUS Corporation in connection with its recent acquisition of more than 100,000 wireless customers in Manitoba from BCE in connection with BCE’s acquisition of MTS (ranked as one of Listed Magazine’s Top 10 M&A deals for 2016).
    • J.P. Morgan and the other Initial Purchasers in connection with New Gold Inc.’s May 2017 offering of senior notes for gross proceeds of U.S. $300 million.
    • TELUS Corporation in connection with its acquisition in 2016 of Nightingale Informatix Corp’s Canadian business operations.
    • Canadian Oil Sands Limited in its response to Suncor Energy Inc’s unsolicited takeover bid in 2015/16 valued at $6.6 billion (ranked as one of Lexpert Magazine’s Top 10 deals for 2016).
    • TPG Capital LP in connection with its agreement to form a partnership (with Fosun, Caisse de Dépôt and Guy Laliberté) and to acquire the Cirque du Soleil (the largest private equity deal in Québec in 2015).
    • Atrium Innovations Inc. (a Québec based global leader in natural health products) in connection with its acquisition in 2014 by the Permira funds, the Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec in a transaction with an enterprise value of $1.1 billion  (the largest private equity deal in Québec in 2014).
    • TELUS Corporation in connection with:
      • Its agreement in 2014 to acquire Mobilicity Inc. for $350 million;
      • Its acquisition in 2013 of Public Mobile; and
      • Its acquisition in 2008 of Emergis Inc. by way of take-over bid for $766 million.
    • Chemtrade Logistics Income Fund in connection with the 2014 sale of its Montreal sulphur removal and compliance services business to Suncor Energy Products Inc. for $120 million.
    • TELUS Health in connection with the 2014 acquisition of XD3 Solutions (a provider of pharmacy management solutions) and the acquisition from ZoomMed of an interest in ZRx Prescriber (a web based prescription solution), as well as the 2012 acquisitions of KinLogix, the largest provider of cloud­ based Electronic Medical Records (EMR) in Quebec, and Wolf Medical Systems, Canada’s leading EMR solution provider.
    • TELUS Corporation in connection with its successful move in 2013 from a dual class share structure to a single class of outstanding common shares, and related proxy fights during 2012 with Mason Capital Management LLC (ranked as one of Lexpert Magazine’s Top 10 deals for 2012).
    • Miranda Technologies Inc. in connection with its strategic review process, culminating in Belden Inc.’s $375 million acquisition of Miranda in 2012 by way of a take-over bid, as well as in connection with its dissident shareholder JEC Capital Partners, LLC’s unsuccessful attempt to requisition a shareholder meeting to appoint new directors to Miranda’s Board.
    • J.P. Morgan and the other Initial Purchasers in connection with:
      • Imperial Metals Corporation’s March 2014 offering of senior notes for gross proceeds of U.S.$325 million;
      • New Gold Inc’s April and November 2012 offering of senior notes for gross proceeds of U.S. $300 million and  U.S. $500 million, respectively;
      • Quadra FNX’s 2011 offering of senior notes for gross proceeds of U.S. $500 million; and
      • Jaguar Mining  2009 and 2011 offerings of convertible senior notes for gross proceed of U.S. $165 million and U.S.$103.5 million, respectively.
    • The controlling shareholders of CHC Helicopters Corporation in its $3.7 billion sale to First Reserve Corporation (largest ever buy-out in the oil field services sector and largest Canadian private equity deal in 2008).
    • SR Telecom Inc. in connection with the sale of its business to Groupe Lagassé and its plan of arrangement with Bonterra Energy Income Trust (within the context of CCAA proceedings).
    • BCE Inc. in the $3 billion sale of its print and electronic directories business to Kohlberg Kravis Roberts & Co. and Ontario Teachers’ Pension Plan (largest ever completed leveraged buy-out involving a Canadian company).
    • The underwriting syndicates in Jazz Air Income Fund and Aeroplan Income Fund’s initial public offerings of 25 million units each for aggregate proceeds of $250 million in each case.
    • MetroNet Communications Corporation in connection with its cross-border initial public offering, subsequent high yield and equity financings and its $7 billion merger with AT&T Canada.
    • March Networks Corporation, World Color Press Inc., Tim Horton’s Inc., Miranda Technologies Inc., Kinross Gold Corporation, Chartwell REIT, IPSCO Inc., Shoppers Drug Mart Corp., Placer Dome Inc., Inco Limited, NOVA Chemicals Corporation, TELUS Corporation, Fording Inc., Wescam Inc., Biovail Corporation, Mosaid Technologies, SFK Pulp Fund, Groupe CVTech Inc. and Angiotech Pharmaceuticals, Inc., among other issuers, in the preparation and implementation of shareholder rights plans and defense planning.

     

  • The Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada, 2017: Corporate Finance & Securities.
  • The Canadian Legal Lexpert Directory, 2015-2017, Repeatedly Recommended in the area of Corporate Commercial Law.
  • The Canadian Legal Lexpert Directory, 2016-2017, Consistently Recommended in the area of Corporate Finance & Securities.
  • The Canadian Legal Lexpert Directory, 2015-2017, Repeatedly Recommended in the area of Corporate Mid-Market.
  • The Canadian Legal Lexpert Directory, 2015-2017, Repeatedly Recommended in the area of Mergers & Acquisitions.
  • The Canadian Legal Lexpert Directory, 2015-2017, Repeatedly Recommended in the area of Private Equity.
  • Chambers Global: The World's Leading Business Lawyers, 2017, recognized in the area of Corporate/M&A (Canada).
    • "The experienced Robert Yalden is the co-chair of the firm's national M&A practice, as well as leading the corporate department in Montréal."
  • IFLR 1000: The Guide to the World’s Leading Financial Law Firms, 2017, recognized as a leading lawyer in the area of Mergers and Acquisitions.
  • Chambers Canada: Canada’s Leading Lawyers for Business, 2016-2017, recognized in the areas of Corporate/M&A (Canada) and Corporate/Commercial (Québec).
  • The Best Lawyers in Canada, 2006-2017, recognized in the areas of Mergers & Acquisitions; Corporate and Securities Law.
  • The Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada, 2016, recognized in the area of cross-border Corporate Law and Transactions. 
  • Lexpert/Report on Business, Special Edition (June 2016), Canada’s Leading Corporate Lawyers.
  • Expert Guides: The Legal Media Group Guides to the World’s Leading Lawyers, 2016, recognized in the area of Mergers & Acquisitions.
  • Who’s Who Legal 2016 – Canada, recognized in the area of Capital Markets.

Robert has a long standing commitment to legal education and has been involved with a number of charitable organizations. He currently serves in the following capacities:

  • Faculty of Law, McGill University, Adjunct Professor.
  • Canadian Business Law Journal, Editorial Advisory Board.
  • Equitas: International Centre for Human Rights Education, Director and Immediate Past President.
  • Centaur Theatre Company, Director.

  • Canadian Bar Association (Ontario and Québec Divisions)
  • American Bar Association
  • International Bar Association

Robert is a regular speaker at conferences, has delivered lectures and taught courses at a number of Canadian law schools and has written on business law issues for over twenty years. Recent publications include:

  • Business Organizations: Practice, Theory and Emerging Challenges, 2nd Ed., Edmond Montgomery (Forthcoming, June 2017) (with J. Sara, P. Paton, M. Condon, M. Gillen, C. Liao, M. Deturbide, M. Khimji, B. Bryan and G. Campo) 
  • “Canada” in The Mergers & Acquisitions Review, 2008 to 2016 Editions.
  • “Canada” in The Corporate Governance Review, 2011 to 2016 Editions.
  • “Canadian M&A at the Crossroads: The Regulation of Defence Strategies after BCE”, (2014) 55 Canadian Business Law Journal 389.
  • Business Organizations: Principles, Policies and Practice, Edmond Montgomery (2008) (with J. Sara, P. Paton, M. Gillen, R. Davis and M. Condon).
  • Fusion et acquisition d’une société par actions, Chapter 17, JurisClasseur Québec – Droit des Sociétés (with H.-P. Gagnon).
  • “Kerr v. Danier Leather Inc., Disclosure, Deference and the Duty to Update Forward Looking Information” (2006) 43(1) Canadian Business Law Journal 106 (with J. Fraiberg).