Date Closed

March 20, 2006

Lead Office

Montréal

Value

720.24 Million CAD

On March 20, 2006, Sears Holdings Corporation announced that its wholly-owned subsidiary SHLD Acquisition Corp. has taken up 10,161,968 common shares of Sears Canada pursuant to its take-over bid, representing approximately 9.5% of Sears Canada's outstanding shares.  As a result, Sears Holdings now owns approximately 63.2% of the outstanding shares of Sears Canada.

McCarthy Tétrault LLP advised Sears Canada with a team led by Patrick Boucher.