Saputo Inc. completed a $250 million secondary offering of common shares by companies controlled by Emanuele (Lino) Saputo or members of his family on June 28, 2002. The selling shareholders sold 7,635,000 common shares of Saputo at $32.75 per share. Saputo did not derive any proceeds from the offering, which was underwritten on a bought deal basis by a syndicate co-led by BMO Nesbitt Burns Inc. and National Bank Financial Inc., and including CIBC World Marlets Inc., RBC Capital Markets Inc., Raymond James Ltd. And Scotia Capital Inc.
Saputo was represented in-house by Isabelle Vigerits, director, legal affairs, assisted by Stikeman Elliot who also represented the selling shareholders. The Stikeman Elliot team was comprised of Steeve Robitaille, Robert Carelli and Maxime Turcotte, and Frédéric Harvey, Luc Bernier and Jean-Guillaume Shooner (tax). The underwriters were represented by Ogilvy Renault, with a team that included Solomon Sananes, Lindsay Matthews and Jules Charette (tax).
Saputo was represented in-house by Isabelle Vigerits, director, legal affairs, assisted by Stikeman Elliot who also represented the selling shareholders. The Stikeman Elliot team was comprised of Steeve Robitaille, Robert Carelli and Maxime Turcotte, and Frédéric Harvey, Luc Bernier and Jean-Guillaume Shooner (tax). The underwriters were represented by Ogilvy Renault, with a team that included Solomon Sananes, Lindsay Matthews and Jules Charette (tax).