Canadian M&A deals seen rebounding after sluggish Q1: Reuters

Mergers and acquisitions among Canadian companies are expected to pick up pace after a sluggish first quarter, driven by non-resource deals and a rebound in outbound transactions as pension funds and private equity firms put massive pools of capital to work, M&A advisers told Reuters. Canadian M&A activity in the first quarter of the year dropped to US$54.2 billion, down 37 percent compared with a year ago, data from Thomson Reuters showed this week, weighed down by lower energy deals which were the biggest driver of 2017 activity.

CanadaNorth AmericaBriefs