LEXPERT's Top 10 Corporate Deals of 2010 features FMC's work for Andean Resources on Goldcorp's $3.6 billion acquisition proposal, a deal that "captures the international flair of the year".
While 2010 was viewed as lackluster with respect to Canadian deals overall, FMC found itself acting for long-time client Andean Resources in response to a high-profile deal described as "capturing international flair" for which the TSX has become known as the most important global mining marketplace. Goldcorp's $3.6 billion acquisition of Andean Resources crossed Canadian, American, Australian and Argentine borders and successfully closed on December 29, 2010, following an aborted hostile bid by fellow Canadian mining company, Eldorado Gold Corp, on which FMC acted in connection with the defence of Andean.
This complex deal was selected by LEXPERT Magazine as #10 in their annual Top Ten Corporate Deals column (Marzena Czarnecka, January 2011). Leading FMC's team was Sander Grieve, who is quoted in the story noting Andean as a solid example of the global importance of the TSX as the global resource platform.
We congratulate Sander and FMC's team which included John Sabine, Linda Misetich, Vivek Bakshi, Eric Foster, Jessica Palter (corporate securities), Zahra Nurmohamed (tax) and Susan Paul (regulatory) for their contributions to this landmark deal.