Tuesday, May 15, 2007

Canada private-equity buyouts look set for record

(Reuters) - Buyout firms, which take control of businesses, restructure them and try to sell them for a profit, invested $5.1 billion in Canadian businesses in 36 disclosed deals in the first quarter of this year, Canada's Venture Capital & Private Equity Association said.

That is more than the total $4.5 billion invested in 2005, and almost half of last year's $11.3 billion spent in 92 deals.


Read more at Reuters.com Mergers News

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