Chief executives at major Canadian companies are looking to mergers and acquisitions for growth, according to a recent survey from KPMG International Ltd.
Its annual CEO outlook said 41 per cent of Canadian CEOs are likely to make an acquisition that would significantly impact their operations. Only nine per cent are unlikely to make an acquisition at all. Nine in 10 chief executives of large corporations have a high to moderate desire to acquire when the timeline is broadened to three years, and 40 per cent are mulling major deals. A similar survey of small and midsized businesses (SMBs) said just 34 per cent of them are looking at acquisitions. “As the cost of capital eases, investors and corporates are becoming more confident about … Continue reading Chief executives at major Canadian companies are looking to mergers and acquisitions for growth, according to a recent survey from KPMG International Ltd.
