November 03, 2015
The prevalence of Canadian companies who have boosted their returns by acquiring entities abroad has caught the attention of institutional investors. Partner Dany Assaf, highly regarded for his competition and foreign investment review expertise, was sought by the Financial Post for his perspective on this corporate growth strategy, known as a "rollup". Below is an excerpt of the article.
Dany Assaf, co-chairman of the competition and foreign-investment group at law firm Torys LLP, said there’s nothing inherently wrong with rollups.
“If your home market isn’t growing, you have to get creative,” Assaf said in a phone interview. “It’s a strategy that’s been long overdue for Canadian companies, not only to be strong in your home market, but to also grow your geographic footprint.”
To read the full article, click here.