Takeover deals are becoming increasingly complex, says Jay Holsten in The Globe and Mail

May 09, 2007

Jay Holsten has been busy. Not only is one of Torys' largest clients The Thomson Corporation engaging in takeover talks with Reuters Group PLC, but Torys is also advising the private equity consortium that is considering the acquisition of BCE Inc.

Jay will soon be joined by Omar Wakil, who brings a wealth of international credentials that are prized in this age of global bidding wars. "It was a rare opportunity to join an elite Canadian law firm at a time when it wants to build the strength and profile of its competition practice," says Omar. "Torys' incredible relationships in the business community and constant deal flow make it an outstanding platform."

If the first four months of 2007 are any indication, Torys could rank as one of the top deal makers of the year, thanks to Thomson's run at Reuters, a powerful new client in India and Torys' deep ties to Canada Pension Plan Investment Board.

"Takeover deals don't get any harder than these deals we're seeing now," says Jay. "They are definitely more complicated."

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