- How To Integrate Continuous Improvement Into Your Organization’s Culture And Daily Activities
- Identify The Strengths Of Your Services And Where Improvements Can Be Leveraged
- How To Succeed In A Continually Changing And Unstructured Workplace
- 6 tips to get back in touch with an old colleague
- Paving the Last Mile of Big Data Analytics
- Important Considerations For An Organizational Restructuring
- Elevator Speech 2.0 = Elevator Dialogue
- 4 ways to qualify a lead
- Is the Trusted Advisor Still Trusted?
- 5 things you must do to win your first client.
PwC: Canadian-led M&A in Europe hits a post-crisis high
July 30, 2012
By Rob Starr, Content Manager, Big4.com
The middle market segment of the Canadian M&A market picked up steam during Q2 with 51 transactions worth $12.2 billion announced, up 21% and 35% respectively over the prior quarter. However, the overall drop off in announced M&A during the second quarter was led by a decline in “mega deals.” The aggregate value of M&A transactions worth more than $1 billion dropped by $4.8 billion, or 16%, compared to Q1. Ontario overtook Alberta as the most popular province to make an investment. By value, 41% of announced deals were in Ontario compared to 36% in Alberta. A key reason for the change was because of fewer large deals in Alberta’s oil sands.
However, Canadian companies were very active in Europe during Q2 2012, announcing $15.1 billion worth of deals on the continent—a post-crisis quarterly high. Overall, the quarter saw Canadians active in a number of foreign markets. $21.8 billion of acquisitions were announced in 40 countries outside of Canada, including 27 growth markets, one of the highest outbound deal values on record.
Cancelled deal activity dropped to a record low in the quarter despite shaky markets. There were only 12 deal cancellations in Q2.