A global Mayer Brown team represented Fairfax Financial Holdings Limited in connection with the agreement to sell 100 percent of the outstanding stock of APR Energy Limited to Atlas Corp., a newly formed holding company of Seaspan Corporation, in exchange for shares of Atlas Corp. for an enterprise value of $750 million.

APR, which leases more mobile gas turbines than any company in the world, will be acquired in an all-stock transaction valued at $11.10 per share. The acquisition is a move by Seaspan's management team to expand beyond the maritime industry and become an asset manager in several verticals. APR gives the company a presence in the energy sector and diversifies Seaspan's risks.

The Mayer Brown team was led by Corporate & Securities partners Paul Crimmins and Jason Wagenmaker and included: Corporate & Securities – partners David Schuette, Lei Shen (all Chicago), Robert Hamill (London), Jad Taha (Dubai), counsel Paul Chandler (Chicago) and Rebecca Seidl (Houston), senior associate Tom Mallalieu and associates Richard Sheard (both London), Esther Chang, Tom Santora, Stefania Alessi, Megan Richard, Olivia Altmayer and Maya Rahwanji (all Chicago) and associate trainee Nanda Al Qazaz (Dubai); Tax Transactions & Consulting – partner Jim Barry and associate Chris Odell; Employment & Benefits – partner Debbie Hoffman and associate Rashida Stevens (all Chicago); Tax Controversy & Transfer Pricing – partner Jason Osborn; Government & Global Trade – partner Tim Keeler and associate Mickey Leibner (all DC); Litigation & Dispute Resolution – partners Jens Peter Schmidt (Brussels) and Scott Perlman, counsel Meytal McCoy, Roger Patrick (all DC) and Kim Leffert (Chicago) and staff attorney Becki McCraw (DC); Real Estate – partner David Saye and staff attorney Ryan Lifland (both Charlotte); and IP – partner Rich Assmus and associate Jon Brown (both Chicago).