Opérations et transactions|28 mars 2011
Eurocopter to acquire Vector Aerospace
Torys acted as counsel to IMP Group with a team that included Kevin Morris, Jamie Scarlett, John Emanoilidis, Omar Wakil, Andrew Gray, Jim C. Tory, Corrado Cardarelli, Jim MIller, Tom Miller and Zack Newton.
On March 28, 2011, Eurocopter Holding, a subsidiary of EADS (EUR: EAD) and Vector Aerospace Corporation (TSX: RNO), entered into a support agreement pursuant to which Eurocopter Holding will acquire all of the issued and outstanding common shares of Vector Aerospace by way of a takeover bid for C$13 in cash per common share (the Offer). The Offer values Vector Aerospace's equity at approximately C$625 million. IMP Group Limited, owner of 32% of the Vector shares, signed an irrevocable lock up to support the transaction.
EADS (European Aeronautic Defence and Space Company), headquartered in Leiden, the Netherlands, is one of the world's three largest aerospace groups, with subsidiaries Eurocopter Deutschland and Eurocopter España. Eurocopter Holding, headquartered in Marignane, France, is Eurocopter's parent company. Established in 1992, Eurocopter manufactures and sells helicopters.
Vector Aerospace, headquartered in Toronto, is an independent provider of aviation repairs and overhaul services. Through operations in Canada, the United States, the United Kingdom and Africa, it provides services to commercial and military customers for gas turbine engines, components and helicopter airframes.
IMP Group, headquartered in Halifax, serves and invests in the aerospace, aviation, airline, healthcare, industrial marine, information technology, hospitality and property development sectors.
Further information is found on Eurocopter's website.
EADS (European Aeronautic Defence and Space Company), headquartered in Leiden, the Netherlands, is one of the world's three largest aerospace groups, with subsidiaries Eurocopter Deutschland and Eurocopter España. Eurocopter Holding, headquartered in Marignane, France, is Eurocopter's parent company. Established in 1992, Eurocopter manufactures and sells helicopters.
Vector Aerospace, headquartered in Toronto, is an independent provider of aviation repairs and overhaul services. Through operations in Canada, the United States, the United Kingdom and Africa, it provides services to commercial and military customers for gas turbine engines, components and helicopter airframes.
IMP Group, headquartered in Halifax, serves and invests in the aerospace, aviation, airline, healthcare, industrial marine, information technology, hospitality and property development sectors.
Further information is found on Eurocopter's website.