In the days leading up to the June 23, 2016 Brexit referendum, we discussed Brexit’s potential impact on the M&A market: Britain without the EU: how will Brexit affect dealmaking? Today, we take a look at how those predictions have
November 2016
President Elect and M&A: a cross roads or business as usual?
The election of Donald Trump as President of the United States adds to a cascade of political events that have surprised observers and may have profound effects on global flows of people, capital, and goods.
While nothing is set in…
US-Canada cross-border M&A: the effect of fluctuating exchange rates
Uncertainty has been a theme in 2016: on the heels of Brexit, Donald Trump has been named the President-elect of the United States. As a result of Trump’s surprising victory at the ballot box, financial markets and the US dollar…
M&A transactions between fintech companies and traditional banks
Financial technology (fintech) companies like Square, Wealthsimple and Mint are already having disruptive effects in their respective industries, changing the way Canadians pay for goods and services, invest their savings, and manage their finances. A recent survey shows…
M&A considerations for resource issuers: Canada’s Extractive Sector Transparency Measures Act
Canada’s Extractive Sector Transparency Measures Act (ESTMA, or the Act) came into force on June 1, 2015. The Act imposes disclosure obligations on certain Canadian businesses engaged in the commercial development of oil, gas or minerals with…
Canada’s first post-BEPS tax treaty: implementing the new treaty shopping proposals
Last November, we told you about the new treaty shopping rules proposed by the Organisation for Economic Co-operation and Development (OECD) as part of the final report on Action 6 of the Action Plan on Base Erosion and…
Merging of digital and physical worlds: impact on M&A in non-digital industries
Strategy& of PwC published Mergercast “Digital Deals – A New Frontier” (Episode 56) in July 2016, which discusses the growing rationale for digital deal-making and post-deal challenges. Particularly, this podcast identifies that digital deals accounted for nearly 32% of all…
M&A overview and outlook for Q4 2016
After the record breaking year that was 2015, MergerMarket’s 2016 Half-Year Edition reports that M&A activity in the first half of 2016 has fallen by 10% in total deals and 30% in deal value compared to the same time last…