Dec. 19, 2024 - Despite a strong start to the year, activist activity in Canada in 2024 tapered to pre-pandemic levels. This reversion to more historic annual totals follows a notable resurgence of shareholder demands directed at Canadian public companies in 2023, when shareholder engagement reached its...
Mergermarket Ranks Davies No. 1 in Canadian Deals by Value for 2021
Davies has topped the list of firms in Mergermarket’s Canada League Tables for 2021 with the highest deal value in Canadian M&A transactions.
In addition, Davies is the only Canadian firm ranked in the following for 2021:
- Bloomberg’s Top 20 in Cross-Border Announced Deals by Value
- Refinitiv’s Top 25 by Value in (i) Global Principal Advisors Completed; (ii) Global Announced Including Withdrawn tables; (iii) Any US Involvement Completed; and (iv) US Target Completed tables
Included among our notable transactions over the past year are the following:
- Kansas City Southern’s US$31-billion merger with Canadian Pacific Railway – the largest Canadian cross-border deal in 2021
- Shaw Communications’ C$26-billion merger with Rogers Communications – the largest Canadian deal in 2021
- Agnico Eagle Mines in its merger of equals with Kirkland Lake Gold to create the third largest gold company in the world with a market cap of US$30-billion in one of the largest deals ever in the Canadian gold sector
- Cominar REIT’s C$5.7-billion sale to Iris Acquisition II LP, a consortium led by Canderel Real Estate Property Inc.
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