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M&A activity surges 200% in BC against backdrop of Newmont Goldcorp deal

Photo of Dome mine courtesy of Goldcorp’s Flickr page.

What happened: Value of M&A activity skyrocketed in B.C. during the first quarter of 2019

Why it matters: The jump was driven primarily by the $17.4-billion acquisition of Goldcorp Inc.

A first-quarter surge in B.C.-based mergers and acquisitions (M&A) activity can be attributed to one particular mega-deal that kicked off the year, according to new data from Crosbie & Company Inc.

A May 29 report reveals the province was home to 145 M&A deals totalling $20.45 billion in value during the first three months of 2019.

(This article first appeared in Business in Vancouver