In November 2005, Agnico-Eagle Mines Ltd. completed its acquisition of Swedish public company, Riddarhyttan Resources AB (publ), in a transaction valued at approximately US$150 million. The transaction was carried out by way of a share exchange takeover bid in accordance with Swedish and US laws. The transaction spanned seven months and 15 countries where Riddarhyttan's shareholders were located.
Agnico-Eagle was represented on all aspects of the transaction by Davies Ward Phillips & Vineberg LLP with a team in Toronto that included Patricia Olasker, Gillian Stacey, James Reid and Donna Aronson (corporate/securities) and John Zinn and Siobhan Monaghan (tax), and a team in New York that included Gerald Shepherd and Daniela Liscio (corporate/securities) and Scott Semer (tax); by Brown Rudnick Berlack Israels LLP on US securities law matters with a team that included Philip Flink, Matthew Gilman and Nina Andersson; and by Advokatfirman Vinge KB of Stockholm on Swedish law matters with a team that included Olof Wærn, Johan Cederlund, Sara Mindus, Pontus Enquist and Peter Sigfrid.
Riddarhyttan was represented by Mannheimer Swartling Advokatbyrå AB of Stockholm on Swedish law matters with a team that included Anders Lindblad, Eva Hägg, Johan Wigh, Kristian Olsson and Caroline Thomsson; and by Latham & Watkins LLP on US law matters with a team that included Olof Clausson, Antti Ihamuotila, Michael Roh and John Huber.
Financial advisors to Agnico-Eagle included Enskilda Securities AB in Sweden, Citigroup Global Markets, Inc. in the US, and Orion Securities Inc. and Pollitt & Co. in Canada. Merrill Lynch & Co. was engaged to conduct sales on the New York Stock Exchange on behalf of certain Riddarhyttan shareholders who desired to sell immediately the Agnico-Eagle shares issued to them in the exchange offer. Riddarhyttan was advised by Standard Bank Plc.
Agnico-Eagle was represented on all aspects of the transaction by Davies Ward Phillips & Vineberg LLP with a team in Toronto that included Patricia Olasker, Gillian Stacey, James Reid and Donna Aronson (corporate/securities) and John Zinn and Siobhan Monaghan (tax), and a team in New York that included Gerald Shepherd and Daniela Liscio (corporate/securities) and Scott Semer (tax); by Brown Rudnick Berlack Israels LLP on US securities law matters with a team that included Philip Flink, Matthew Gilman and Nina Andersson; and by Advokatfirman Vinge KB of Stockholm on Swedish law matters with a team that included Olof Wærn, Johan Cederlund, Sara Mindus, Pontus Enquist and Peter Sigfrid.
Riddarhyttan was represented by Mannheimer Swartling Advokatbyrå AB of Stockholm on Swedish law matters with a team that included Anders Lindblad, Eva Hägg, Johan Wigh, Kristian Olsson and Caroline Thomsson; and by Latham & Watkins LLP on US law matters with a team that included Olof Clausson, Antti Ihamuotila, Michael Roh and John Huber.
Financial advisors to Agnico-Eagle included Enskilda Securities AB in Sweden, Citigroup Global Markets, Inc. in the US, and Orion Securities Inc. and Pollitt & Co. in Canada. Merrill Lynch & Co. was engaged to conduct sales on the New York Stock Exchange on behalf of certain Riddarhyttan shareholders who desired to sell immediately the Agnico-Eagle shares issued to them in the exchange offer. Riddarhyttan was advised by Standard Bank Plc.