Deals up in both value and volume after slow start to 2014
TORONTO, July 24, 2014 — After a quiet first quarter, M&A activity in Canada accelerated in Q2, according to PwC’s Capital Markets Flash. The second quarter saw 748 deals with a total value of $45.8 billion in 91 days. This translated into a 10% increase in both value and volume from Q1, and a 20% jump from Q2 2013.
“We’re seeing companies become increasingly aggressive, not taking no for an answer as hostile activity heats up.”
“Valuation is high in a ‘risk-on’ environment, as corporate and private equity buyers search for growth and value creation opportunities.”
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PwC Canada helps organizations and individuals create the value they’re looking for. More than 5,700 partners and staff in offices across the country are committed to delivering quality in assurance, tax, consulting and deals services. PwC Canada is a member of the PwC network of firms with more than 184,000 people in 157 countries. Find out more by visiting us at www.pwc.com/ca.
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