- Date Announced: December 09, 2016
- Date Closed: TBD
- Deal Value: Approximately $400 million (including indebtedness)
- Client Name: Total Energy Services Inc.
On December 9, 2016, Total Energy Services Inc. commenced an offer to purchase all of the outstanding common shares of Savanna Energy Services Corp., by way of unsolicited takeover bid.
Total Energy Services Inc. and Savanna Energy Services Corp. are both headquartered in Calgary Alberta. The offer has been made in all provinces and territories of Canada. Savanna Energy Services Corp. shareholders are located in the United States, Australia and various other foreign jurisdictions.
Involved in the transaction from Bennett Jones are Nicholas P. Fader, Jeff Kerbel, John Piasta, Juliamai Giffen, and Kris Simard (Public Markets and Mergers and Acquisitions), Greg Johnson (Tax), and Beth Riley (Competition).
Chris Cummings (Paul Weiss) is US Securities counsel.