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Transactions and Cases

Molson family completes acquisition of Montreal Canadiens 

Torys represented The Woodbridge Company with a team led by Michael Siltala and Cornell Wright.

On December 1, 2009, the Molson family announced the completion of its acquisition of the Montreal Canadiens following approval from the NHL's board of governors. The Molson family is the fourth group of Molsons to own the club since the 1950s.

Partners of the Molson brothers in the transaction included The Woodbridge Company, BCE/Bell, the QFL Solidarity Fund, Michael Andlauer, Luc Bertrand and National Bank Financial Group. National Bank joined as a partner and led the banking syndicate, which included Desjardins Group and Scotiabank. Investissement Québec, a Quebec government corporation that promotes investment in the province, also participated in the financing.

Further information is found on the Montreal Canadien's website.