Nav Dhaliwal  

Partner

Executive Summary

Nav Dhaliwal is a partner in the Securities and Capital Markets Group in our Calgary office. Nav’s practice focuses on mergers and acquisitions, corporate finance and private equity transactions, as well as corporate governance, shareholder activism, and general securities and corporate law compliance.

In his mergers and acquisitions practice, Nav has extensive experience advising clients on public and private mergers, acquisitions and reorganization transactions, including take-over bids, amalgamations, plans of arrangement and private sales. He also advises companies in respect of shareholder activism and corporate governance issues.

In his corporate finance practice, Nav has experience in representing both private issuers and publicly traded issuers listed on the Toronto Stock Exchange, the New York Stock Exchange and the TSX Venture Exchange. Nav has acted for issuers, underwriters and investors in financing transactions, including public and private offerings of debt, equity and convertible securities and strategic investments by private equity groups.

Representative Work

Mergers & Acquisitions

  • Agrium Inc. on its US$38 billion merger of equals with Potash Corporation of Saskatchewan Inc.
  • Suncor Energy Inc. on its unsolicited C$6.6 billion take-over bid and subsequent negotiated acquisition of Canadian Oil Sands Limited
  • Lundin Petroleum AB on the spin-out of its international business into International Petroleum Corporation (IPCO) and the related listing of IPCO on the Toronto Stock Exchange
  • Arcan Resources Ltd. in connection with its C$171.25 million debt for equity exchange, and subsequent C$300 million acquisition by Aspenleaf Energy Ltd.
  • Western Energy Services Corp. on its C$185 million acquisition of IROC Energy Services Corp.
  • AutoCanada Inc. in its $180 million acquisition of eight different business units from a private company

Corporate Finance Transactions

  • TransCanada Corporation on its C$4.4 billion offering of subscription receipts in connection with the acquisition of Columbia Pipeline Group Inc. (the largest bought deal offering in Canadian history)
  • Cenovus Energy Inc. on its C$3 billion offering of common shares in connection with the acquisition of assets from ConocoPhillips
  • The underwriters in connection with the C$920 million offering of subscription receipts by Veresen Inc. to partially fund the acquisition by Veresen, through an indirect wholly owned subsidiary, of the 50 per cent convertible preferred interest owned by Global Infrastructure Partners in the Ruby pipeline system
  • Suncor Energy Inc. on its C$2.8 billion cross-border offering of common shares where a portion of the proceeds was used to finance the acquisition of an additional 5 per cent interest in the Syncrude oil sands joint venture
  • The underwriters in connection with AltaGas Ltd.'s C$8.4 billion cross-border acquisition of WGL Holdings, Inc., including a C$2.1 billion bought deal public offering of subscription receipts and a concurrent C$400 million private placement of subscription receipts to OMERS