Tag archives: currency

The impact of foreign exchange fluctuation on M&A activity

By Troy Ungerman (Toronto) on July 4, 2017 Posted in Finance, M&A

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 … Continue reading

US-Canada cross-border M&A: the effect of fluctuating exchange rates

By Troy Ungerman (Toronto) on November 24, 2016 Posted in M&A

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 were sent into a tailspin as this news swept the globe. Despite this drop, in … Continue reading

Bitcoin update: cryptocurrency remains rare in M&A transactions despite potential

By Matthew Lau (Toronto) on September 29, 2016 Posted in Antitrust, competition and regulatory, Finance, M&A

Bitcoin remains a fringe currency in the context of M&A transactions. Despite some notable advantages over fiat currency, the risks associated with funding a large transaction using the cryptocurrency have limited its use to deals between players in the Bitcoin space. This article provides an update to our previous article on Bitcoin’s viability as a … Continue reading

Currency fluctuations and M&A

By Trevor Zeyl (Toronto) on May 6, 2015 Posted in Corporate finance

In recent report entitled Dealing with exchange rates – Currency fluctuation and M&A, Toppan Vite, in partnership with MergerMarket, examined the effect that currency events – both short term and long term – have on M&A activity. In the report, various experts weigh in on: (i) how currency shocks, such as the unpegging of the … Continue reading

The end of the Swiss franc ceiling: M&A implications

By Trevor Zeyl (Toronto) on February 5, 2015 Posted in Corporate finance

On January 15, 2015, the Swiss National Bank (SNB) shocked global financial markets when it made an unannounced move to end its long-standing cap of the Swiss franc. The currency soared and markets fell – and while the move’s long term effects on Swiss M&A activity are not as clear, a strong franc will likely … Continue reading