Two blocked foreign takeover deals and the possibility of a third do not mean that Canada is closed for business, with the real test coming in how it responds to would-be deals in the crucial resource sector Bankers said the two deals that Canada vetoed -- an attempt to buy fertilizer giant Potash Corp (POTTO) and a bid for the satellite technology unit of Macdonald Dettwiler (MDATO) -- were rejected for very specific reasons And there's no reason for major concern even if Canada blocks a third big deal, the proposed C$3 billion ($31 billion) takeover of Canada's leading exchange operator, TMX Group (XTO), by the London Stock Exchange (LSEL) "We've had two transactions turned down, MacDonald Dettwiler and Potash Corp, and they were very fact specific," Scotia Capital's head of M&A John Tuer told Reuters "I don't see it as a trend"
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