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Mergers and Acquisitions
Ontario Cross-Border Mergers and Acquisitions Activity (2002-2006)
Ontario companies continue to exhibit a strong appetite for foreign companies. Given Canada’s position within NAFTA, foreign buyers also find investments in Ontario companies attractive as they can provide a platform from which to enter the U.S. market. In 2006, Ontario companies acquired US$31.95 billion of foreign companies while foreign companies invested US$68.03 billion in Ontario businesses and assets.
Source: CanWest Interactive Inc. August 2007 (8/2007)
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| Ontario vs. Foreign Cross-Border M&A Transactions |
| Ontario Companies Acquiring Foreign Businesses and Assets |
Foreign Companies Acquiring Ontario Businesses and Assets |
| 2002 |
109 |
$5.64 |
56 |
$2.57 |
| 2003 |
113 |
$18.93 |
32 |
$6.76 |
| 2004 |
120 |
$14.14 |
41 |
$6.13 |
| 2005 |
170 |
$13.72 |
39 |
$13.30 |
| 2006 |
197 |
$31.95 |
51 |
$68.03 |
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