Corporation Acquisitions of LPs
Cortland/Pure Multi-Family
Overview
It is proposed that an LLC (the “Purchaser”) that is an affiliate of a third party (Cortland) acquire for cash all the (listed) Class...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Mergers & Acquisitions - Cross-Border Acquisitions - Inbound - LP Acquisitions | 152 |
CPC/Microcap Conversions
Holland Global/Maplewood REIT
Overview
Under a CBCA Plan of Arrangement, the shareholders of the Corporation (a recently-formed TSXV-listed capital pool company which has not...
Capital BLF/BLF REIT
Overview
Under a CBCA Plan of Arrangement, the shareholders of the Corporation will transfer their shares to a subsidiary Quebec LP of the REIT...
LP Acquisitions of Corporations
Brookfield (BPY)/BPO
Overview
BPY, which "beneficially owns" approximately 49% of the common shares of BPO, and two of its indirect subsidiaries ("Brookfield Office...
Exchangeable Units
Brookfield Infrastructure/Enercare
Overview
On October 16, 2018, Brookfield Infrastructure acquired all of the 107M common shares of the Company (being all its shares) under a CBCA...
LP Acquisitions of LPs
Starlight No. 5
Overview
The existing unitholders of the Starlight Funds Nos. 1 to 4 will transfer their units into a new fund (the Starlight No. 5 fund) under...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Offerings - REIT, Trust and LP Offerings - Foreign Asset Income Funds and LPs | acquisition by Starlight 5 of Starlight 1 to 4 and unit issuance | 3670 |
LP Acquisitions of Trusts
Canderel/ Cominar
Overview
After the purchase of a portion of the assets of the REIT (a closed-end unit trust and mutual fund trust holding mostly Quebec real...
Starlight-KingSett/Northview
Overview
It is proposed that the unitholders of the REIT will receive mostly cash from Starlight and KingSett funds for their REIT units....
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Spin-Offs & Distributions - S. 107.4 Spin-Offs | 347 |
Elad/Agellan REIT
Overview
It is proposed that an Ontario LP within the Elad group (the “Purchaser”) will acquire all the units of Agellan REIT for cash under...
Privatizations
BPY/BOX/Brookfield
Overview
Brookfield Property Partners LP (BPY) has an 83% economic interest in BOX (a Canadian REIT), by virtue of holding 40.3% of the BOX units...
TransGlobe
Asset sale
It is contemplated that after the convening of a REIT meeting to approve the transactions, subsidiary LPs of the REIT (held by it...
REIT Mergers
Choice/CREIT
Overview
The proposed acquisition of the REIT (which is a closed-end REIT holding most of its properties directly or through subsidiary LPs) by...
SmartREIT/OneREIT/Strathallen
Overview
OneREIT is proposing to sell a substantial portion of its rental assets (held through subsidiary LPs) in a taxable sale to a third party...
Northview/True North
Overview
NPR proposes to add approximately 14,000 multi-family residential suites through a series of transactions with True North, affiliates of...
NorthWest Healthcare/NWI
Overview
NWI (see summary) will be merged into NWH under s. 132.2, with the former NWI unitholders receiving 0.208 NWH units for each NWI unit. ...
Slate Retail/SUSO 3
Overview
SUSO 3 will be merged into the REIT under s. 132.2, with the former SUSO 3 unitholders receiving 7.5M Class U Units of the REIT and with...
Slate Retail/ SUSO 2/GAR
Overview
SUSO 2 will be merged into SUSO 1 under s. 132.2. SUSO 1 will also acquire two of the GAR LPs (GAR A and C), with the GAR A and C...
H&R/Primaris
Overview
Upon the sale of properties indirectly held by TSX-listed Primaris (having an aggregate value of approximately $1.9B) to the KingSett...
Dundee/Whiterock
Tender
Offer of Dundee REIT to acquire all the units of Whiterock REIT for $16.25 cash per Whiterock unit (subject to an aggregate cap of $360...
CAP REIT/ResREIT
Overview
CAP REIT proposes to acquire units of ResREIT for cash or CAP REIT units, with ResREIT unitholders who wish rollover treatment for the...
Section 132.2 Mergers
Bullion Fund Mergers
Sprott/Central GoldTrust
Overview
On December 7, 2015, Sprott Asset Management Gold Bid LP (“SAM,” or the “Offeror”) delivered to GoldTrust a power of attorney...
Sprott/Central Goldtrust
Overview
The Offeror is making the "Offer" to purchase all of the issued and outstanding GTU Units (other than those held directly or indirectly...
Portfolio Mutual Fund Mergers
Connor, Clark: GFO/AUI
Overview
GFO (which has been an unsuccessful Connor, Clark mutual fund focused on international financial institution equities) will be merged...
Subsequent Acquisition Transactions (REITs)
Plazacorp/KEYreit
See full summary under Declaration of Trust Amendment - Cash or Shares.
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Mergers & Acquisitions - Subsequent Acquisition Transactions - Declaration of Trust Amendment - Cash or Shares | Completion of Plazacorp acquisition of KEYreit | 396 |
Taxable Trust Mergers
ROI/Dream Hard Asset
Overview
Return on Innovation Advisors Ltd. ("ROI Capital") agreed with DREAM Asset Management Corporation ("DREAM"), a subsidiary of DREAM...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Offerings - REIT, Trust and LP Offerings - Domestic SIFTs | Merger of ROI Canadian High Income Mortgage Fund, ROI Canadian Mortgage Income Fund and ROI Canadian Real Estate Fund into Dream Hard Asset Alternative Trust and termination of their forward/mirror fund structure | 223 |
Trust Acquisitions by Corporations
Blackstone/Dream Global
Overview
The REIT, a TSX-listed mutual fund trust with no non-portfolio property, held a portfolio of German and Netherlands rental properties...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Mergers & Acquisitions - Cross-Border Acquisitions - Inbound - REIT Acquisitions | distribution of asset sale and subscription to fund unit redemptions | 1455 |
Blackstone/Pure Industrial
Overview
It is proposed that all the units of the Trust will be acquired for cash by Purchaser under a B.C. Plan of Arrangement. All but the...
Plazacorp/KEYreit
Overview
Offer by Plazacorp for units of KEYreit. The consideration is a combination of cash and Plazacorp shares (with the ability to make an s...
Huntingdon/KEYreit
Offeror
The Offeror is a real estate operating company which is listed on the TSX, was incorporated in B.C. and owns a portfolio of 36 industrial,...
Trust Acquisitions of Corporations
Dixie/VisionSky
Overview
The Trust is to acquire all of the outstanding shares of VKY (a.k.a.,VisionSky) under an Alberta Plan of Arrangement, on the basis of...
Trust Acquisitions of Trusts
Cominar/Canmarc
Overview
Cominar REIT through 10 Newco subsidiaries is offering cash or (at the Canmarc unitholder's option) Cominar units for Canmarc units,...
Trust Asset Sales
Milestone REIT
Overview
The REIT will sell its assets (essentially only the shares of a U.S. LLC (“U.S. Holdco”) indirectly holding its U.S. apartment...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Spin-Offs & Distributions - REIT/LP sales proceeds distribution | Milestone Apartment REIT sale of its U.S. Holdco and distribution of proceeds/cash-out of US exchangeable LP holders on subsidiary LP merger | 1708 |
Unsolicited Bids
Kingsett & OPB/Primaris
Offeror
The Offeror is an Ontario LP whose LP units are owned equally by an affiliate of KingSett Capital, and OPB Trust, an associate of OPB. A...
Liquor Stores/Liquor Barn
Offer by Liquor Stores for all the units of Liquor Barns on the basis of .53 of a Liquor Store unit for each Liquor Barn unit. Those Canadian...
Brookfield et al/O&Y
Cash offer by Bidco of Brookfield, CPPIB and ARCA Investments for all the units of O&Y REIT. A subsequent transaction is proposed under which,...