Canada proves hotbed of M&A activity
Canadian firms were rejoicing as the country became the centre of last week’s frenzied M&A activity, with two mega-mergers worth an aggregate of £25bn being announced in one day. The first saw US aluminium giant Alcoa make an unsolicited $33bn (£16.57bn) bid for Canadian multinational Alcan. As first reported by The Lawyer (8 May), Alcoa […]