
On March 9, 2012, the Competition Bureau launched its first monthly report of concluded merger reviews for the month of February.
16 transactions are included in the inaugural report including Anglo American plc / DB Investments SA and De Beers SA, Cardinal Health Canada Inc. / Futuremed Healthcare Products, Crescent Point Energy Corp. / Wild Stream Exploration, Dundee Real Estate Investment Trust / Whiterock Real Estate Investment Trust, RB98 Inc. and Google Inc. / Motorola Mobility Holdings, Inc., JMC Steel Group Inc. / Lakeside Steel Inc., Sobeys Capital Inc. / Shell Canada Products and Teck Resources Limited / SilverBirch Energy Corporation.
Of the reported transactions, advance ruling certificates (“ARCs”) were issued in four of the transactions and no action letters issued in the other twelve.
The Bureau had announced that it would be launching a new merger registry in early March – see for example: Mergers Update: Competition Bureau to Issue Monthly Merger Review Reports and Competition Bureau Moves to Increase Merger Review Transparency.
There has also been considerable opposition to this new “transparency” initiative by the Bureau – see for example, the Canadian Bar Association’s submission to the Senior Deputy Commissioner of Competition late last fall: CBA letter to Paul Collins.
For more about the merger register see:
Monthly Report of Completed Merger Reviews
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