Lumenpulse closed its going-private transaction pursuant to which a group led by Mr. François-Xavier Souvay, the Founder, President and CEO of Lumenpulse, several other existing shareholders of the Company and Power Energy Corporation, a wholly-owned subsidiary of Power Corporation of Canada acquired all of the issued and outstanding common shares of Lumenpulse by way of a plan of arrangement for $21.25 per share in cash. The transaction values Lumenpulse at $600 million. Fasken represented Lumenpulse with respect to the arrangement.
Client Work
Group led by FX Souvay and Power Energy Corporation completes Lumenpulse going-private transaction
Fasken
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1 minute read
Overview
Overview
Team
Team
- Peter Villani, Partner | Mergers & Acquisitions, Montréal, QC, +1 514 397 4316, pvillani@fasken.com
- Jean Michel Lapierre, Partner | Mergers & Acquisitions, Montréal, QC, +1 514 397 7579, jmlapierre@fasken.com
- Caitlin Rose, Partner | Co-Leader, Private Equity, Montréal, QC, +1 514 397 5277, crose@fasken.com
- Marie-Christine Valois, Partner | Mergers & Acquisitions, ESG and Sustainability, Montréal, QC, +1 514 397 7413, mvalois@fasken.com
- Huy Do, Partner | CO-LEADER, COMPETITION, MARKETING & FOREIGN INVESTMENT | LEADER, SOUTHEAST ASIA GROUP, Toronto, ON, +1 416 868 3505, hdo@fasken.com
- Alain Riendeau, Partner | Insolvency & Restructuring, Montréal, QC, +1 514 397 7678, ariendeau@fasken.com
- Brandon Farber, Partner | Insolvency & Restructuring, Montréal, QC, +1 514 397 5179, bfarber@fasken.com
- Thomas Wexler, Partner | Banking & Finance, London, +44 (0)20 7917 8564, twexler@fasken.com
