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Cassels Brock Assists The Blackstone Group with Investments in Osum Oil Sands Corp.

Published: 04/13/2011

By Stefanie Baldassarra, Tom Koutoulakis, Sheldon Plener, Lorne H. Saltman, Lawrence D. Wilder, Luke Woolford

Cassels Brock & Blackwell LLP completed a series of transactions on behalf of The  Blackstone Group, one of the largest private equity firms in the world, relating to its investment in Osum Oil Sands Corp. a pure play oilsands company based in Alberta. Blackstone  increased its existing  equity investment in Osum through a series of secondary purchases from existing shareholders and a treasury financing, together with other leading private equity investors, Warburg Pincus LLC and Camcor Partners Inc.   

The Cassels Brock team consisted of Stefanie Baldassarra, Sheldon Plener, Tom Koutoulakis, Luke Woolford, Brandon Hodge, Lorne Saltman and Lawrence Wilder.

McCarthy Tetrault acted for Osum.