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Stonegate Agricom Ltd. and Itafos Announce Completion of Arrangement

Published: 07/18/2017

Team: Jay F. King, Alexander Pizale, James Lyle, Robert B. Cohen, James G. Morand

On July 18, 2017, Stonegate Agricom Ltd. and Itafos completed a plan of arrangement under the Business Corporations Act (Ontario) pursuant to which Itafos acquired all of the issued and outstanding common shares of Stonegate not already owned directly or indirectly by it. As a result of the arrangement, Stonegate has become a wholly owned subsidiary of Itafos.

Cassels Brock acted for Stonegate with a deal team that included Jay King, Alexander Pizale and James Lyle (Securities and Mining), Robert Cohen (Litigation) and James Morand (Tax).