Barrick Gold Corporation and Homestake Mining Company have announced plans to merge, in a US$2.3 billion deal that will create the world\'s second-largest gold mining company with the lowest cash costs of any major gold producer. Under the merger, which was announced on June 25, 2001, Homestake shareholders will receive 0.53 Barrick common shares for each of their Homestake shares. Holders of Homestake Canada exchangeable shares will be entitled to exchange their shares for Barrick common shares based on the same ratio, following the merger.
Barrick is represented by executive vice-president and general counsel, Patrick Garver, and associate general counsel and secretary, Sybil Veenman, with assistance from Davies Ward Phillips & Vineberg LLP in Canada and Shearman & Sterling in the U.S. The Davies team consists of Kevin Thomson, Ian McBride, Michael Creery and Lisa Damiani (corporate and securities), David Smith and Geoffrey Turner (tax) and Lori Cornwall (competition). Shearman & Sterling\'s team includes Stephen Volk, Spencer Klein, Andrew Abernethy, Yukiko Kojima (M&A), John A. Morrison and Erika Foster (compensation & benefits), Don Lonczak and Bari Zahn (tax) and Mark Siemens (antitrust).
Homestake\'s legal team is led by its vice-president and general counsel, Wayne Kirk, with Osler, Hoskin & Harcourt LLP acting as Canadian counsel and Cravath, Swaine & Moore providing U.S. advice. The Osler team is led by Clay Horner, with assistance from J.E. Fordyce and Carl DeLuca (corporate and securities), David Tetreault and Patrick Marley (tax) and Peter Franklyn and Shuli Rodal (competition). At Cravath, Alan C. Stephenson, Richard Hall, Thomas E. Dunn, Stephen L. Gordon, Patricia Geoghehan, Jeffrey A. Smith, Paul S. Scrivano, Beatrice Bigonzi, Jason C. Davis, Sharone M. Menczel, Michael E. O\'Brien and Gregory J. Battista are engaged in the transaction.
Barrick is represented by executive vice-president and general counsel, Patrick Garver, and associate general counsel and secretary, Sybil Veenman, with assistance from Davies Ward Phillips & Vineberg LLP in Canada and Shearman & Sterling in the U.S. The Davies team consists of Kevin Thomson, Ian McBride, Michael Creery and Lisa Damiani (corporate and securities), David Smith and Geoffrey Turner (tax) and Lori Cornwall (competition). Shearman & Sterling\'s team includes Stephen Volk, Spencer Klein, Andrew Abernethy, Yukiko Kojima (M&A), John A. Morrison and Erika Foster (compensation & benefits), Don Lonczak and Bari Zahn (tax) and Mark Siemens (antitrust).
Homestake\'s legal team is led by its vice-president and general counsel, Wayne Kirk, with Osler, Hoskin & Harcourt LLP acting as Canadian counsel and Cravath, Swaine & Moore providing U.S. advice. The Osler team is led by Clay Horner, with assistance from J.E. Fordyce and Carl DeLuca (corporate and securities), David Tetreault and Patrick Marley (tax) and Peter Franklyn and Shuli Rodal (competition). At Cravath, Alan C. Stephenson, Richard Hall, Thomas E. Dunn, Stephen L. Gordon, Patricia Geoghehan, Jeffrey A. Smith, Paul S. Scrivano, Beatrice Bigonzi, Jason C. Davis, Sharone M. Menczel, Michael E. O\'Brien and Gregory J. Battista are engaged in the transaction.
Lawyer(s)
Lisa Damiani
Richard Hall
Yukiko Kojima
Andrew Abernethy
Ian R. McBride
Stephen R. Volk
Patrick W. Marley
Beatrice Bigonzi
Lori A. Cornwall
Jeffrey A. Smith
Kevin J. Thomson
Thomas E. Dunn
Geoffrey S. Turner
John A. Morrison
Michael E. O'Brien
Clay Horner
Alan C. Stephenson
Bari Zahn
David T. Tetreault
Peter H.G. Franklyn
Shuli Rodal
Stephen L. Gordon
David W. Smith
Jason C. Davis
Gregory J. Battista
Paul S. Scrivano
Spencer Klein
Carl DeLuca
Firm(s)
Davies Ward Phillips & Vineberg LLP
Shearman & Sterling LLP
Osler, Hoskin & Harcourt LLP
Cravath, Swaine & Moore LLP