Canadian Private Mergers And Acquisitions Deal Points Study

The Canadian Private Mergers and Acquisitions Deal Points Study is a study organized by the Mergers and Acquisitions Committee of the American Bar Association (ABA) that seeks to illustrate trends and market standards to help answer the question "what is 'market' in Canadian M&A?" To help answer this question, a working group of Canadian lawyers (the Working Group) analyzed 90 publicly available acquisition agreements (the Agreements) for transactions signed in 2016 and 2017. The study also included some data from 2018. To qualify for consideration in the study, each Agreement had to involve Canadian private targets that were acquired or sold by public companies and had to meet the following additional criteria: