Centrica Acquisitions

On July 5, 2000 Centrica plc, one of the largest energy traders in the United Kingdom, agreed to purchase two subsidiaries of Calgary-based Direct Energy, a publicly traded income trust fund that is Canada’s largest independent natural gas marketing company. The purchase price for the two companies—Direct Energy Marketing Limited and Alliance Gas Management Inc.—is approximately $912 million.

A Centrica in-house team of General Counsel Grant Dawson and Thomas Murphy instructed a team of lawyers from Bennett Jones that included Douglas Foster, Noralee Bradley, John Gulak, Phil Backman, and Took Whiteley. Direct Energy General Counsel Hugh McIntosh worked with a team from Burnet, Duckworth & Palmer that included Bill Maslechko, John Brussa and Steve Chetner.

Lawyer(s)

Stephen J. Chetner Noralee M. Bradley J. Douglas Foster John W. Gulak Took B.P.E. Whiteley John A. Brussa William S. Maslechko Philip D. Backman

Firm(s)

Bennett Jones LLP Burnet, Duckworth & Palmer LLP