Butterfly spin-offs

Loblaw/GWL/Choice

Overview

Loblaw has a substantial real estate rental portfolio (much of it being stores rented to it plus the former CREIT portfolio) held...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Element/ECN Capital

Overview

Element Financial will be spinning off its commercial finance business as ECN Capital pursuant to a butterfly for which it did not apply...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Nuvo/Crescita

Overview. Nuvo will implement a butterfly spin-off of its "Drug Development Business" as "Crescita" under an OBCA Plan of Arrangement, and retain...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

DeeThree/Boulder/Granite Oil

Overview

Under an Alberta Plan of Arrangement, DeeThree will transfer its Brazeau Belly River assets (the "Spin-Off Assets") on a rollover basis...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

FirstService/Collier

Overview

Under a spin-off s. 55(3.02) butterfly reorganization occurring under an OBCA Plan of Arrangement, the residential real estate and...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Dundee/DREAM

Overview

Dundee, which has a 70% interest in Dundee Realty, and is controlled by Ned Goodman due to a multiple voting share structure, will...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Globex

TSX-listed Globex is proposing a spin-off to its shareholders by way of butterfly reorganization of CIM, a newly-incorporated subsidiary that is...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.