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ARTICLE · 29 AUGUST 2025

Bridging The Border: Navigating Key Differences In Canadian And American M&A

Canada and the United States share one of the most active and deeply integrated cross-border M&A markets in the world. For decades, private equity sponsors, family-owned businesses and strategic buyers...

CanadaCorporate/Commercial Law

Canada and the United States share one of the most active and deeply integrated cross-border M&A markets in the world. For decades, private equity sponsors, family-owned businesses and strategic buyers have looked across the border for expansion, exits and acquisitions. Yet, despite the close cultural and economic relationship, the M&A landscape in each country is shaped by distinct legal frameworks, tax regimes and market expectations.

As we reach the halfway point in Dentons' 2025 cross-border M&A insight series, we're taking a step back to examine the key differences that shape dealmaking between Canada and the US. While our earlier insights have focused on specific aspects like tariffs, rollover structures and private equity trends, this piece highlights the broader legal, regulatory and market contrasts that every cross-border deal team should understand. Whether you're a buyer, seller or advisor, understanding these nuances can be the difference between deal

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Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com

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