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News 36

Global survey shows Canadian businesses among the most likely to pursue M&A growth

TORONTO, May 14, 2012 /CNW/ - Canada stands out amongst mature economies in anticipated merger and acquisitions (M&A) activity over the next three years according to research from the latest Grant Thornton International Business Report (IBR). The results from the 2012 report show that 42% of Canadian businesses surveyed said they plan to grow through acquisition.

These numbers are consistent with historically high figures over the past five years in Canada. However, around the world, the IBR results show that business appetite for M&A has markedly increased over the past 24 months, despite on-going global economic challenges. The survey reveals that the overall proportion of businesses seeking to grow through M&A has risen significantly from 26% in 2010 to 34% in 2012.

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