Q2 2020 Canadian M&A Roundup

Mergers & Acquisitions

by Rares - July 27, 2020August 25, 20200

As the COVID-19 pandemic continues to impact global markets, some firms are looking at an opportune time to buy distressed firms. Whether that be those that are unable to pay their large fixed costs or those suffering from a large drop in demand, many troubled firms will soon be bought

Q2 2020 US M&A Roundup

Mergers & Acquisitions

by Richie - July 16, 2020July 23, 20200

In Q2 2020, global M&A activity fell to levels that rivaled the aftermath of the great financial crisis hitting just $439 billion. On a YoY basis, American M&A activity took the biggest hit with aggregate deal value totalling only $258 billion. This was a decline of 69% from Q2 2019

Q1 2020 Canadian M&A Roundup

Mergers & Acquisitions

by Rares - June 23, 2020June 23, 20200

As the COVID-19 pandemic swept across the world in Q1 2020, volatility in the markets increased, which affected M&A deal flows. While the beginning of Q1 was relatively normal, the tail end of the quarter saw shutdowns across the world. The impact of these shutdowns will likely not be fully

Introduction to Fairness Opinions

Investment Banking

by Chayten Hansra - June 15, 20200

What is a fairness opinion? A fairness opinion evaluates the financial fairness of the price an acquirer is offering a target during a transaction seeking to take control of the target (acquisition, takeover, merger, etc.). [i] A fairness opinion may also be used when a public company is divesting one of

Investment Banking Fee Study

Investment Banking

by Matt - May 26, 20200

Fee Event Dramatization MegaBank A is approached by a client to help them advise on a purchase of their competitor funded by a mix of debt and externally issued equity. My god, this will be a $50 billion dollar deal. 10 basis points means a $50 million dollar fee! – Coverage/M&A banker They

Canada M&A Roundup Q4 2019

Mergers & Acquisitions

by Kirill - January 31, 2020February 3, 20200

Contribution from Kirill Sukhikh, Edited by Vlad Kovalenko Canadian M&A market in the fourth quarter has seen a decrease in aggregate deal value by $8.8B comparing to the previous quarter. 677 deals valued at $69.8B were announced over the third quarter. Consumer Cyclical sector accounted for $17.27B, Financial sector for $16.24B

Canada M&A Roundup Q3 2019

Mergers & Acquisitions

by Vlad - October 29, 2019October 29, 20190

Canadian M&A market remained robust in Q3, even though experiencing a slight decline after an outstanding second quarter. During the third quarter, 665 transactions valued at $61.2B were announced. While the Canadian buyers were less active during the quarter, the foreign companies continue to be interested in Canadian businesses. During

US M&A Roundup Q3 2019

Mergers & Acquisitions

by Vlad - October 15, 2019October 16, 20190

As the tensions between US and China escalated sharply during the third quarter, the global mergers and acquisitions market, as well as the US activity, plunged to reflect the higher risk and greater uncertainty about the potential dealmaking. Deal making in the US fell 40% from last year to $289

Q3 2019 EMEA PE-backed M&A Roundup

Mergers & Acquisitions

by Bocconi Students PE Club - October 8, 2019January 10, 20200

By Margarida Veloso Initially posted on the BSPEC blog Global M&A deal value decreased 37% vs Q2 2019 and 24% YOY Global M&A deal value amounted to USD905bn during Q3 2019. This figure represents a 37% decrease in comparison to the previous quarter and a 24% decline YOY. The YTD value of M&A

Leveraged Finance Debt Capital Markets in Asia

by Karl - September 16, 2019September 16, 20190

Written by a bulge bracket investment banker in Asia Capital Markets in Asia Pacific Asia is the largest population center in the world and has the fastest growing economies. China and India need no introduction, but Southeast Asia (Vietnam, Indonesia, Malaysia, Thailand – and a little later Cambodia, Laos and Myanmar) also