BEC / JAN / 2016 - page 9

involved in more than $60
billion worth of outbound ac-
quisitions. JPMorgan Chase
& Co. was the top financial
advisor for 2015, advising on
$124 billion in transactions
involving Canadian firms, fol-
lowed by Merrill Lynch, Mor-
gan Stanley, the Royal Bank
of Canada, Goldman Sachs
Group Inc. and Barclays.
Large deals are still on the horizon for
2016, particularly among pension funds.
Decline in commodity prices in the oil and
gas and mining sectors is also expected
to drive M&A growth as companies con-
sider selling assets or companies outright.
An increase in consumer, health care and
industrial activity is expected to continue
into 2016, and the weak dollar could en-
courage buyers to invest in Canadian en-
terprises.
With files from Bloomberg Business
)
JANUARY 2016
H
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