Canadian cross-border M&A seen gaining momentum in 2016

By John Tilak and Euan Rocha TORONTO (Reuters) – Lawyers expect cross-border deals to again drive Canadian merger and acquisition activity in 2016 after aggressive moves by Canadian firms spurred a major surge in M&A transactions last year. Osler, Hoskin & Harcourt topped the list of law firms that advised on M&A transactions involving Canadian entities in 2015, followed closely by its Canadian rivals McCarthy Tétrault and Torys, according to Thomson Reuters data released on Thursday. U.S. firms Skadden, Arps, Slate, Meagher & Flom and Sullivan & Cromwell rounded out the top five slots based on overall deal value, while Stikeman Elliott advised on the highest number of deals.

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Canadian cross-border M&A seen gaining momentum in 2016