Transactions & Cases Detail



Transaction/Case Details

Bolloré S.A. acquires Avestor Limited Partnership

DATE CLOSED

March 2, 2007

BUSINESS SECTOR

Technology

LEAD OFFICE

Montreal

VALUE

14 Billion CAD


OVERVIEW

On March 2, 2007, Bolloré S.A. acquired Avestor Limited Partnership. Avestor Limited Partnership filed a notice of intention to make a proposal to its creditors on October 30, 2006.  Under its court and creditors-approved proposal, Avestor sought to sell all or substantially all of its assets to an interested bidder, which it did to Bathium Canada Inc. (a wholly-owned subsidiary of Bolloré S.A.). 

McCarthy Tétrault advised Avestor with a team that was led by Jean-Rene Gauthier.

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