Canada a top destination for oil and gas M&A deals: EY
A new survey by EY points to an increasing appetite for merger and acquisition deals in the global oil and gas sector. The EY Oil & Gas Capital Confidence Barometer found 69 percent of energy executives expect to actively pursue an acquisition in the next 12 months, an all-time high for the survey. Additionally, 96 percent of energy executives expect the M&A market to improve or remain stable over this period, in part due to the activity of private equity firms, EY noted. The United States and Canada are the top two oil and gas investment destinations, with "resilient activity so far in 2017."
16 November 2017•5 mins read
