Canada sees uptick in M&A deals

By Staff | July 23, 2014 | Last updated on July 23, 2014
1 min read

In the first half of 2014, the energy, mining and utilities sector drove M&A deal volume in Canada, finds a recent MergerMarket report.

The 88 deals made in the sector (a rise from 66 last year) were worth more than US$27 billion, compared to US$11.8 billion over the period last year.

Read: Mining deals to bounce back

By deal volume, the sectors that followed were industrials and chemicals (42), financial services (27), consumer (27), business services (24) and technology (24).

By deal value, the sectors that followed were financial services (US$3.6 billion), consumer (US$3.1 billion), industrials and chemicals (US$1.7 billion) and pharmacy (US$1.1 billion).

In total, says the report, Canadian M&A deals over Q1 and Q2 2014 were worth US$39.8 billion, up from about US$33 billion in Q1 and Q2 2013.

To access the report, click here.

Also read:

Confidence among asset managers will fuel M&As

Why 3Macs bought Desjardins’ branches

Top execs upbeat about economy, earnings staff


The staff of have been covering news for financial advisors since 1998.