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
currency
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…
Bitcoin update: cryptocurrency remains rare in M&A transactions despite potential
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…
Currency fluctuations and M&A
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…
The end of the Swiss franc ceiling: M&A implications
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 …