On August 27, 2021, EXFO Inc., a corporation developing smarter test, monitoring and analytics solutions for fixed and mobile network operators, webscale companies and equipment manufacturers in the global communications industry, announced the completion of a going-private transaction by way of a statutory plan of arrangement pursuant to the Canada Business Corporations Act. Pursuant to this transaction, a corporation controlled by Germain Lamonde acquired all the issued and outstanding subordinate voting shares of EXFO, other than the Excluded Shares for US $6.25 per subordinate voting share in cash.
A Fasken team composed of Peter Villani, Monica Dingle, Oleg Stratiev, Alain Riendeau, Brandon Farber, Andrew Haikal, Guillaume Saliah, Anthony Russo and Laura Fabi advised EXFO Inc. in connection with this transaction.
Jurisdiction
- Québec
