Technology, media and telecommunications will continue to be the most appealing sector for cross-border deals, according to a new report from Dentons Canada and Mergermarket.

The “Shifting Tides of Cross-border M&A,” released this week, showed 72% of U.S./Canada respondents and 93% of their peers outside North America predict they’ll be involved in transactions in the TMT sector. Financial services, cited by just over half the respondents, was the next most popular industry, followed by pharma, medical and biotech (PMB).