Canadian firms McCarthy Tétrault, Blake Cassels & Graydon, and Stikeman Elliott along with A&O Shearman and Davis Polk & Wardwell are the legal advisers in a deal that will see U.S.-based Cleveland Cliffs Inc. buy storied Canadian steelmaker Stelco Holdings Inc.
The transaction announced Monday is worth approximately C$3.4 billion (US$2.5 billion).
