Canada’s metals and mining industry saw a drop of 17.5% in overall deal activity during September 2019, when compared with the last 12-month average, a new report reveals.
The document, prepared by market intelligence firm GlobalData, presents a review of all deals the industry registered in September.
A total of 33 deals worth C$383.35 million were announced during the ninth month of the year. This result is seven deals below the 12-month average of 40 deals per month.
“M&A was the leading category in the month in terms of volume with 28 deals which accounted for 84.9% of all deals, followed by private equity with five deals which accounted for 15.1% of overall deal activity in the country’s metals & mining industry,” the report states.
For the rest of this article: https://www.mining.com/canada-saw-fewer-mining-deals-in-september-compared-to-the-rest-of-the-year-report/