Over the past few years, we’ve seen the loonie plummet to lows not seen in decades. Although this is sad news for Canadian investors, it makes the Canadian market attractive foreign buyers who can acquire Canadian companies at a discount based on foreign currency exchange. Arguably, this bodes well for sellers who are highly motivated to sell as there may be a heightened number of offers for the business, which could result in a higher purchase price. At a time where globalization has made cross border M&A activities commonplace, fluctuations in currency rates play a significant role.
How significant? Although … Continue Reading