January 8, 2016
According to new data from Thomson Reuters, deal activity outside of Canada from the country’s top pension funds, banks, investment management firms, and insurers, made Canadian deal activity the second-highest ever in 2015.
The report showed $278.69 billion USD worth of deal activity involving Canadian entities in 2015, noting that this activity was up 37 percent from last year.
“The real story around Canadian M&A activity this year was the outbound activity that was up some 175 percent and drove the lion’s share of activity,” said John Armstrong, head of Canadian M&A at BMO Capital Markets.
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