West Face Buys Minority Stake In Embattled SNC-Lavalin

Law360, New York (February 8, 2013, 6:59 PM EST) -- Canadian activist private investment management firm West Face Capital Inc. has acquired a minority stake in Montreal-based engineering and construction firm SNC-Lavalin Group Inc., an SNC-Lavalin spokeswoman confirmed Friday.

Responding to media reports that West Face had invested in the Canadian engineering firm, a spokeswoman for the Canadian firm said that West Face has acquired an undisclosed stake in the construction firm. The stake is less than 10 percent of SNC-Lavalin, so the exact size and value of West Face's stake was not disclosed, the spokeswoman...
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