79 Wellington St W, Suite 3000, Box 270, TD Ctr, Toronto, ON
Year called to bar: 2006 (ON)
Saira has broad tax experience, advising on the tax aspects of mergers and acquisitions, private equity transactions, corporate reorganizations, securitizations, and debt and equity offerings. She also supports institutional investors and private equity funds on the tax issues in fund formation and portfolio investments. Saira routinely advises Canadian pension plans on their investments into funds, working closely with OMERS, OPTrust, Ontario Teachers’, and IMCO, among others.
An affiliate of Mattamy Homes Ltd. acquired all of the issued and outstanding shares of Monarch Corporation, the Canadian operations of US homebuilder Taylor Morrison Home Corporation, for CAD$335 million at closing, subject to customary post-closing adjustments. Immediately prior to the closing, approximately C$235 million of cash at Monarch was distributed to a subsidiary of TMHC for total proceeds of C$570 million from the share sale. The transaction closed following the satisfaction of customary closing conditions, including clearance by the Canadian Competition Bureau.
IAMGOLD Corporation completed the sale of its Niobec Mine (Niobec), one of the world’s three niobium producers, for total consideration of US$530 million.
