Since our last release, key indicators have largely exhibited a positive trend. Our economic roundup this week provides an overview of some key statistics from November while our deal review, which had two transactions finalized at prices higher than their initial bids, indicate there is a healthy level of competition for the right assets.
We saw a foreign entity divestiture of a non-core asset into the relatively stable Canadian marketplace which, depending on the outcome of the crisis in Europe, could be a sign of things to come. Finally, we saw a PE firm close its fourth fund, an activity suggesting that capital is still looking to PEs to generate superior returns.
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