Midweek M&A Madness
Now that the weather has finally warmed up, plenty of M&A bankers are hoping the market for deals will as well (look no further than Goldman Sachs, where YOY M&A fees were down 54% this quarter, for proof). We've noticed a few more targets coming to market in recent weeks and have compiled a list of some of those we've come across. Our sources are various news reports and the Buyouts "Seeking Buyers" list. The following companies (among many others) are either formally considering "strategic alternatives," reported to be on the block or are rumored to be in sales talks. For prior lists, see below, and send any additions my way. Platinum Group Metals, based in Vancouver, is pursuing strategic alternatives. The business holds a 74% interest in large scale Platinum Group Metals reserve and resource in South Africa. Athabasca Potash Inc., a Canadian business, is using CIBC World Markets Corp. and Genuity Capital Markets to help it look at a potential sale.
