Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: cpt :: due date for vat payment :: ACCOUNTING STANDARD :: form 3cd :: TDS
 
 
« Mergers and Acquisitions »
 Why Gulf mergers and acquisitions are back on the rise
 Sebi issues listing norms for NCDs in mergers and acquisitions
 Indian chemical industry: Will M&A be a game changer?
 Samsung to continue seeking mergers and acquisitions
 Deals of the day-Mergers and acquisitions May 18, 2017,
 Forced mergers, sacking on cards as RBI gets tough with misfiring big banks
 Why India Inc is on an M&A spree, preferring inorganic growth to investing in fresh projects and capacities
 Banking consolidation 2nd wave: FinMin sees room for 3-4 more PSB mergers
 Ministry of Corporate Affairs (MCA) notifies the provisions of cross-border mergers and acquisitions
  GAVS Tech eyes to double revenue from mergers & acquisitions
 ACC, Ambuja Cements evaluating merger

PwC: M&As tracked at $155-billion in 2010
January, 25th 2011

This should be an outstanding year for mergers and acquisitions, with companies looking to spend trillions of dollars in underused capital and surplus cash in scooping up attractive targets, according to a report released Friday by PwC.

The report by PwC, formerly known as PricewaterhouseCoopers, said Canada will outpace global trends due to its strong financial system, the high loonie and leadership in hot deal sectors like energy, materials and finances.

PwC predicts Canadian companies will do more deals in emerging markets, with foreign deals in the Middle East, Asia and Africa becoming the new norm.

Joint ventures and minority acquisitions will be more popular amid higher regulatory oversight of takeovers, in an effort to reduce the economic or political risks of a deal, the report predicted.

It echoed a similar report released last month by business consultants and auditing firm KPMG that said the high loonie, increasing demand for goods in Asia and companies looking to spend their idle cash will lead to more mergers and takeovers involving Canadian businesses in 2011.

That firm suggested Canadian companies could find major opportunities in Europe.

Canadian mergers and acquisitions were worth $155 billion in 2010, while domestic transactions are expected to outpace the global trend in 2011, the PwC report said.

The company said the total of 3,001 Canadian deals marked a five-year high, and was an increase of more than 30 per cent over 2009.

The report said domestic transactions outpaced the rest of the globe, with the number of transactions and dollar amounts being 25 per cent higher than the previous year.

There was a record number of Chinese acquisitions of Canadian companies last year, but 77 per cent of total acquisitions included Canadian firms acquiring foreign companies.

While we recognize that certain assets in Canada are highly strategic, on the whole our experience suggests M&A has contributed to the growthnot the demiseof corporate Canada, Kristian Knibutat, PwC's national deals leader said in a statement.
 
Source: http://www.ctv.ca/generic/generated/static/business/article1878661.html

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Web Application Development Web based Software Solution Web Application Deployment Web Application Solutions Web Application Software Development Web Application Deployment Web Application Programming Web Application Design and Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions