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Canadian M&A activity during the first half of 2021 echoes what we’re seeing globally, with strong market interest in tech, media and telecommunications (TMT) and consumer markets (CM). Companies are continuing to invest in their core, augment their current offerings and divest their non-core assets.
“We said this was going to be a deals-led recovery, and it has been. The deals activity in the first half of 2021 was even stronger than in the first half of 2019 pre-COVID-19,” says Shoshana Baizer, deals tech, media, telecommunications and consumer markets leader at PwC Canada.
Here are some of the key M&A trends we’re seeing in TMT&CM: