Private Equity Stirs Canada’s Record Mergers Boom

Foreign buyers have stoked Canada’s biggest global mergers-and-acquisition boom in history, snaring once untouchable trophy Canadian companies such as Inco, Dofasco, Fairmont Hotels & Resorts and Four Seasons Hotels. According to Thomson Financial, the value of mergers and acquisitions involving Canadian companies soared to $230 billion, nearly doubling the action a year earlier. The biggest player: private equity firms.
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