Merger and acquisition (M&A) deals in the Canadian mining sector rose sharply in the final quarter of 2019, with deals worth $6.81-billion announced.
According to GlobalData’s deals database, the value marked an increase of 964% over the previous quarter and a rise of 70.4% when compared with the last four-quarter average of $4-billion.
The analytics and data company states that Canada held a 33.7% share of the global metals and mining industry M&A deal value, which totalled $20.22-billion in the fourth quarter.