Government cutbacks are presenting the private sector with new opportunities to cut deals to buy or invest in public assets, lawyers at Torys predict in their annual report on top M&A Trends.
Provincial, state and municipal governments are also carrying out reviews of their assets. "Governments are looking at everything," says Patrice Walch-Watson. But it's not just a case of governments simply seeking to raise a lot of money by selling off the proverbial Crown Jewels or to surrender their field to private enterprise. "They're looking for better ways of doing business," says Patrice, noting that governments are also exploring new ways of engaging the public sector in partnerships.
Read the full article here.