Big Canadian M&A values mask fewer Q4 2015 deals: Crosbie
In the fourth quarter of 2015, Canadian merger and acquisition activity declined for a fifth time in six quarters, a fact masked by near-record value levels. That’s according to data developed by Crosbie & Co using Capital IQ and other sources. A total of 643 announced deals were recorded in Q4 2015, down from 705 deals a year ago. However, values in the final three months of last year totaled $137 billion, up from $116 billion in Q4 2014. Domestic activity, reflecting 435 deals valued at $20 billion in Q4 2015, was lower by all measures year over year, with outbound activity (Canadian buyers of foreign targets) accounting for the gain in dollar terms.
11 February 2016•4 mins read
