Darwinian M&A Process In Oilpatch May Be Accelerated In 2015

Darwinian M&A process in oilpatch may be accelerated in 2015

This year saw record mergers and acquisitions in the Canadian oilpatch, and it could be more of the same in 2015 as low commodity prices entice cash-strong companies to pick up distressed assets, according to analysts. Just under US$63 billion was deployed in M&A activity in Canada by December 22, four times the value of deals…