Elliot Shapiro's practice is transaction-oriented, with a focus on corporate and securities law, public and private M&A, infrastructure and P3 financing. He is renowned as one of Canada's leading securities lawyers as a member of the Quebec securities regulator's (AMF) Financial Advisory Committee for over five years. Mr. Shapiro regularly advises public companies and their boards of directors and committees on strategic, disclosure and governance matters and he has also set up an infrastructure fund and worked on various licensing and commercial arrangements. In recent years, he has been involved in a variety of high-profile, large-value and/or particularly complex public and private M&A transactions across various sectors and has led multiple cross-border Canada-US corporate finance transactions both on a public and private placement basis.
On January 10, 2019, a consortium consisting of Air Canada, Toronto-Dominion Bank (“TD”), Canadian Imperial Bank of Commerce (“CIBC”) and Visa Canada Corp. (“Visa”) announced the successful closing of its purchase of Aimia Canada Inc., owner and operator of the Aeroplan Loyalty Business, from Aimia Inc.
On March 7, 2018, Industrial Alliance Insurance and Financial Services Inc. (iA Financial Group) completed a bought deal public offering of 2,500,000 Common Shares (the Common Shares) and a concurrent bought deal public offering of 6,000,000 Non-Cumulative 5-Year Rate Reset Class A Preferred Shares Series I (the Series I Preferred Shares).
On June 28, 2018, SNC-Lavalin’s infrastructure investment fund, SNC-Lavalin Infrastructure Partners LP (the Fund), completed the previously announced transfer of a fifth Canadian infrastructure asset, the McGill University Health Centre in Montréal.
On March 2, 2018, SNC-Lavalin Group Inc. (SNC-Lavalin) completed a private offering of $525-million aggregate principal amount three series of debentures, consisting of (i) $150,000,000 of its Floating Rate Series 2 Debentures due March 4, 2019; (ii) $175,000,000 of its Floating Rate Series 3 Debentures due March 2, 2021; and (iii) $200,000,000 of its 3.235 per cent Series 4 Debentures due March 2, 2023 (collectively, the Debentures).
