Jan 11, 2021
Osler partner Manny Pressman tells Financial Post that businesses are prepared to “reset the M&A button” and re-evaluate their growth strategy, as Canadian deal-making picked up in the fourth quarter of 2020 after falling off amid the COVID-19 pandemic. In her article, author Maiya Keidan explores the M&A landscape in 2020 and the impact of COVID-19 on deal activity throughout the year. The article explains how deal-making fell to a nine-year low in 2020, but the fourth quarter was the most active in terms of announced deals in at least five years. Pressman, Chair of the firm’s Corporate Group, offers his insights.
“We’ve seen this glut of M&A activity in the fourth quarter as a result of this reset,” Pressman tells Financial Post, adding there is also a meaningful pipeline of activity across a range of sectors.
For more information, read author Maiya Keidan’s article, “Canada M&A seen picking up after hitting 9-year low in 2020” in Financial Post.