On December 31, 2004, the transactions whereby Industrial Alliance Insurance and Financial Services Inc. acquired all of the shares of BLC-Edmond de Rothschild Asset Management Inc., which were previously held by Laurentian Bank of Canada as to 50.1 per cent and by La Compagnie Financière Edmond de Rothschild Banque as to 49.9 per cent, were completed for a purchase price consisting of an initial amount of $69 million paid on December 31, 2004, and a final amount of $8 million payable in five years, subject to certain conditions and adjustments. BLC-Edmond de Rothschild Asset Management had assets under management of $1.78 billion.
Industrial Alliance was represented by in-house counsel, France Beaudry and Jennifer Dibblee, and by a team from Desjardins Ducharme Stein Monast led by Marc Rochefort that included Benoît V. Morel, Stéphanie Raymond-Bougie, Benoit Dionne and Julie Demers.
Laurentian Bank of Canada was represented by in-house counsel, Lorraine Pilon, executive vice-president, corporate affairs and secretary, and by a team from Ogilvy Renault composed of Jean Daigle, Marc Duquette, Michelle Setlakwe and Elliot Shapiro (corporate and securities) and Jules Charette and Éric Gélinas (tax).
La Compagnie Financière Edmond de Rothschild Banque was represented in France by in-house counsel Marc Levy, and in Canada by Fasken Martineau DuMoulin LLP with a team that included Bruno Arnould, Céline Hervieux-Payette and Ali Martin-Mayer (corporate), Pierre-Yves Châtillon (securities), Alain Ranger and Thomas Copeland (tax) and Marek Nitoslawski and Jean-Philippe Mikus (intellectual property).
Industrial Alliance was represented by in-house counsel, France Beaudry and Jennifer Dibblee, and by a team from Desjardins Ducharme Stein Monast led by Marc Rochefort that included Benoît V. Morel, Stéphanie Raymond-Bougie, Benoit Dionne and Julie Demers.
Laurentian Bank of Canada was represented by in-house counsel, Lorraine Pilon, executive vice-president, corporate affairs and secretary, and by a team from Ogilvy Renault composed of Jean Daigle, Marc Duquette, Michelle Setlakwe and Elliot Shapiro (corporate and securities) and Jules Charette and Éric Gélinas (tax).
La Compagnie Financière Edmond de Rothschild Banque was represented in France by in-house counsel Marc Levy, and in Canada by Fasken Martineau DuMoulin LLP with a team that included Bruno Arnould, Céline Hervieux-Payette and Ali Martin-Mayer (corporate), Pierre-Yves Châtillon (securities), Alain Ranger and Thomas Copeland (tax) and Marek Nitoslawski and Jean-Philippe Mikus (intellectual property).
