South of the Canadian border, regulatory oversight and scrutiny continues to play a noticeable role in making it more difficult for private companies to raise capital through bank loans.
With the financial crisis and recession behind us, mergers and acquisitions have picked up dramatically over the past several years.
According to MergerMarket’s Monthly M&A Insider Report, global M&A activity continued to wane throughout May 2016, maintaining the trend reported on earlier this year.
According to a report recently published by Ernst &Young (EY) entitled “Global technology M&A report: 1Q16 final look – Digital disruption, slow organic growth drive tech deals”, mergers & acquisitions in the global technology industry remained strong in Q1 2016, despite macroeconomic uncertainty particularly in the equity and debt markets.
A non-compete obligation which is imposed on the seller in the context of a M&A transaction can be permissible when it is ancillary to the transfer of the relevant business, that is, when it is directly related and necessary to the implementation of the deal.