Skip to main content

PLEASE NOTE: For everyone’s safety, Fasken recommends anyone on-site at our Canadian offices be familiar with the COVID-19 recommendations in place which may include one or more of the following: social distancing, hand sanitizing, wearing a mask in common areas and proof of full vaccination. These measures apply to lawyers, staff, clients, service providers and other visitors.

Client Work

Logistec acquires Sydney Coal Railway from Quebec Railway for US$11 million

Fasken
Reading Time 1 minute read Subscribe

Overview

Client

Logistec Corporation

On November 3, 2008, Logistec Corporation, a diversified cargo handler in eastern Canadian and U.S. ports, announced that it had acquired from the Quebec Railway Corporation Inc. all of the shares and inter-company debt of Sydney Coal Railway Inc. The aggregate net cash disbursement was $11 million. Logistec Corporation and Logistec Stevedoring (Atlantic) Inc. were represented by Ingrid Stefancic, Vice-President, Corporate and Legal Services of Logistec Corporation, assisted by Fasken Martineau with a team led by Louis Séguin and Claudette Allard and that included Pierre-Étienne Simard and Christine Anagnostou (corporate); Alain Ranger and Paul Cabana (tax); Charles Kazaz (environmental); and Chloé Archambault (financing).

Team

    Subscribe

    Receive email updates from our team

    Subscribe