Canadian Outbound Energy M&A Volume Up Dramatically Compared to 2016

Canadian Outbound Energy M&A Volume Up Dramatically Compared to 2016

Oil and Gas Financial Journal recently reported that through Q3 2017 Canadian outbound mergers and acquisitions increased from 1522 to 1879  during the same time frame last year. This represents a 23% increase in deal volume.

Dave Planques of PWC Canada was quoted as saying: “The boost in deal volume in 2017 makes for interesting analysis. The strong North American economy and large pools of capital to invest contribute to a very active deal market in Canada despite the high valuations and an 80 cent Canadian dollar (on average).”