The Ontario Superior Court last week threw out a lawsuit involving allegations that an analyst tipped off a competing fund manager about the strategy behind its Wind Mobile acquisition. On Thursday, Justice Frank Newbould dismissed “in its entirety” Catalyst Capital Group Inc.’s breach of confidential information suit against West Face Capital Inc. and its former junior analyst Brandon Moyse. Catalyst alleged in the suit that after leaving Catalyst and...
Wind Mobile CEO Anthony Lacavera says his $285-million buyout of majority shareholder VimpelCom Ltd., announced Tuesday, brings stability to his company after years of ownership uncertainty. Lacavera will buy out the majority stake Amsterdam-based VimpelCom had in Wind for $135 million and assume about $150 million in debt thanks to support from a group of investors including Toronto-based investment firm West Face Capital, as well as U.S. investors Tennenbaum Capital Partners and LG Capital Investors. “It's been a very long and winding road,” he said in a phone interview....
