Just two weeks after Canada's Ogilvy Renault announced it would become part of the new Norton Rose, other Canadian firms are now on the hunt for merger partners. So what's driving the merger mania? The country's financial resilience in the face of the global economic downturn and its abundance of natural resources make Canada an attractive target for U.S. and British firms. M&A is also on the rise there despite the government's decision to block a hostile bid for Potash Corporation of Saskatchewan.
December 01, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Just two weeks after Canada’s Ogilvy Renault announced it would become part of a new Norton Rose international mega-firm, other Canadian firms are now on the hunt for merger partners.
Earlier this month McMillan and Lang Michener announced their intention to combine operations. And other local shops like Miller Thomson are pursuing similar plans, according to the Montreal Gazette.
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