Friday, May 18, 2007

Canadian M&A activity nearly double that of last year: report

May 17 - Ottawa Business Journal - Canadian merger and acquisition activity has nearly doubled from the same time last year, with the dollar value of M&A deals topping $175 billion to date, according to a new report by CIBC World Markets.

In the month of May alone, there have been $82 billion in announced transactions in Canada, the report said. The jump in activity follows an 80-per-cent spike in the value of M&A transactions in 2006. Read More.

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