Canada energy deals rebound as shale plays trump oil sands: Reuters

Mergers and acquisitions in Canada's energy sector have rebounded from a dull 2013 and look poised for a further pickup, driven by the country's rapidly developing shale oil and gas properties rather than its better known oil sands, Reuters reported. Six months in 2014, merger activity in the domestic sector of about US$15 billion has already topped last year's total. The current round of acquisition activity has become more focused compared with prior years, with buyers looking for targets operating in specific geographic regions.

2 July 2014•4 mins read
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