John Emanoilidis comments on Canada’s 2013 mergers and acquisitions market in Listed

Billion-dollar empires in aisle four

December 16, 2013

Partner and co-head of our M&A Practice, John Emanoilidis, provided comment on the landscape of Canadian M&A in 2013 for an article in Listed magazine.

Below is an excerpt of the article.

“You are not seeing M&A activity at levels you have seen in previous years,” agrees John Emanoilidis, a corporate lawyer at Torys LLP in Toronto. “Buyers are much more cautious in making acquisitions.”

While the year-end numbers are still to be tallied, by the end of October, Canada had seen 2,027 deals worth $126.1 billion, according to PwC. Deal volume was trending down about 17% from last year’s 2,448 deals over the same period, while dollar value was down 27%.

To read the full article, click here.

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