Topic: Transport

Global automotive M&A ends 2017 in high gear with no signs of slowing down

As seen in this recent PwC article, global automotive M&A activity was strong in 2017. Automotive deal value increased 29.9% to $53.2b from 2016 to 2017 primarily as a result of two mega deals in the Auto-Tech sector, which PwC defines as “investments in connectivity, autonomous, electrification, ride-sharing and the software, sensors, intellectual property and … Continue reading

M&A: the automotive industry’s new fuel?

By Victoria Riley (Toronto) on October 24, 2017 Posted in M&A, Technology and innovation, Transport

Automotive technologies are evolving rapidly and impacting not only drivers’ automotive experiences but also, the automotive industry more broadly. From assistive technologies like bicycle sensors and back-up cameras to self-driving technologies, it appears that technological innovation will be critical in order for automotive companies to maintain their relevance and competitive edge in the marketplace. However, … Continue reading

M&A in Canada: industry revenue and profits

By Bruce Sheiner on July 7, 2015 Posted in Corporate finance, Finance, Infrastructure, mining and commodities, Pharmaceuticals and life sciences, Transport

Expanding growth in nearly all sectors Norton Rose Fulbright focuses its services on 6 key industry sectors and, according to a study released recently by the Globe and Mail on Canadian corporations, almost all of these sectors have seen an expansion in revenue and most have seen growth in profits during the period from 2011 to … Continue reading

Statistics Canada announcement fuels interest rate speculation

By Sara Josselyn (Toronto) on July 2, 2015 Posted in Corporate finance, Energy, Infrastructure, mining and commodities, Transport

Statistics Canada’s June 30, 2015 announcement regarding the nation’s economic results for the month of April, measured in terms of national Gross Domestic Product, has many bankers and financial institutions predicting another Bank of Canada interest rate cut sometime during 2015. Although real GDP fell by only 0.1% in April, the decrease marks a fourth … Continue reading

Significant M&A activity reported in the aviation sector in Q1 2015

By Sara Josselyn (Toronto) on June 24, 2015 Posted in Corporate finance, Transport

ICF International has released its seventh edition of Aviation and Aerospace M&A Quarterly – a publication highlighting merger and acquisition deals and trends in the aircraft, airlines, and aerospace sectors. This most recent publication focuses on the first quarter of 2015, reporting strong activity through significant investments in these sectors across the world in North … Continue reading

M&A expectations on the rise

By Matthew Lippa (Toronto) on May 7, 2015 Posted in Corporate finance, Technology and innovation, Transport

EY has recently released the 12th edition of its annual Global Capital Confidence Barometer, a biannual survey of more than 1,600 executives of companies in 54 countries, assessing various metrics in global mergers and acquisitions. Although 2014 marked the single largest increase in M&A since the financial crisis of 2008, for the first time in … Continue reading

Aerospace and defense M&A returns to cruising altitude

By Bruce Sheiner on March 5, 2015 Posted in Corporate finance, Technology and innovation, Transport

Following a pullback in fiscal year 2013, deal activity in the global aerospace and defense (A&D) sector has returned to its former levels. According to PwC’s Mission Control report for Q4 2014, the past year witnessed the total A&D deal value rebound from $14.3 billion in 2013 to $22.3 billion in 2014, which is on … Continue reading

Acquisitions of freight carriers and other commercial vehicle operators: the road to regulatory compliance

By Nikolai Kovtouchenko on January 22, 2015 Posted in Corporate finance, Transport

Transport by road is a major and developed industry in Canada and the United States. The acquisition of a freight carrier – a commercial vehicle operator – may trigger varying levels of regulatory registration and compliance requirements, depending on how the transaction is structured. The same concerns will often arise in acquisitions of entities that … Continue reading

Hot market report: M&A potential for auto dealerships

By Kaitlind de Jong on December 2, 2014 Posted in Corporate finance, Transport

In their Q3 2014 Capital Markets Flash, PriceWaterhouseCooper (PwC) reports that “[t]here’s a lot of positivity within the Canadian auto dealership industry, which should come as no surprise given record sales that were almost unimaginable a few short years ago.” Since PwC’s Q3 update, the Canadian Automobile Dealers Association (CADA) published the industry’s October economic report, … Continue reading

The effect of government privatization on global M&A

By Sara Josselyn (Toronto) on October 14, 2014 Posted in Corporate finance, Energy, Technology and innovation, Transport

RR Donnelly released the August edition of its Venue Market Spotlight, entitled Government Privatizations and M&A. In the report, a high-level summary of a survey of experts, RR Donnelly speaks to the effect that government asset sales and other forms of privatization are having on global M&A activity. The report forecasts that government privatization will become … Continue reading

Facilitating cross-border M&A: the Canada-Korea free trade agreement

By Jenny Yoo on October 9, 2014 Posted in Corporate finance, Financial institutions, Infrastructure, mining and commodities, Transport

The end of last month saw the signing of the Canada-Korea Free Trade Agreement (CKFTA) following nearly ten years of negotiations. It marks Canada’s first major free trade deal in the Pacific Asia region. The Canadian Department of Foreign Affairs, Trade and Development has highlighted benefits including job creation, increased access to Asian markets and … Continue reading

PWC predicts moderate growth in Canadian M&A

By Troy Ungerman (Toronto) on October 7, 2014 Posted in Corporate finance, Energy, Transport

In its Q2 2014 Capital Markets Flash: Canadian M&A Deals Quarterly, PricewaterhouseCoopers forecasts moderate growth in Canadian economy in the next year and a half. It predicts the rate of real economic growth in 2015 to be 2.5% compared to 2.2% in 2014 and 2.0% in 2013; it projects that government spending will increase 1.5% … Continue reading

Private equity’s role in a distressed shipping market

By Sara Josselyn (Toronto) on April 9, 2014 Posted in Corporate finance, Transport

This legal update originally appeared in Norton Rose Fulbright’s April 2014 Shipping Newsletter – Legalseas. For more, please contact either Brad Berman or Brian Devine from our New York office. Private equity (PE) is an asset class consisting of equity investment in companies that are not publicly traded on a stock exchange. With the decline in industrial and consumer … Continue reading