The value of Canadian mergers and acquisitions more than doubled to $149.8 billion in the first nine months of 2014, fueled by robust deal activity in the energy sector, according to figures released by Thomson Reuters on Thursday. Royal Bank of Canada's RBC Capital Markets led the pack advising for M&A deals as well as debt issuance, the Thomson Reuters league tables data showed. The investment banking arm of Canada's biggest bank was involved in 41 M&A deals valued at $43.6 billion. Barclays Plc finished second and JPMorgan Chase & Co was third.Rising levels of production, a weak Canadian dollar and strong earnings have driven growth in the oil and gas industry.Encana Corp was among the most acquisitive Canadian companies this year, with highlights including its plans to purchase Athlon Energy Inc for $5.93 billion and its $3.1 billion acquisition of some of the U.S. shale assets of Freeport-McMoran Inc.The biggest deal so far is Burger King Worldwide Inc's planned purchase of Canadian coffee chain Tim Hortons Inc for C$12.64 billion ($11.53 billion), a move that would create the world's third-largest fast-food restaurant group.
Athlon Energy Inc., is an independent exploration and production company. Shares of ATHL fell by 0.02% or $-0.01/share to $58.22. In the past year, the shares have traded as low as $26.91 and as high as $58.44. On average, 1919590 shares of ATHL exchange hands on a given day and today's volume is recorded at 4114087.
Barclays PLC (Barclays) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. Shares of BCS fell by 0.81% or $-0.12/share to $14.69. In the past year, the shares have traded as low as $13.96 and as high as $19.59. On average, 2468100 shares of BCS exchange hands on a given day and today's volume is recorded at 1948095.
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM fell by 0.78% or $-0.47/share to $59.37. In the past year, the shares have traded as low as $50.25 and as high as $61.85. On average, 12964300 shares of JPM exchange hands on a given day and today's volume is recorded at 19004108.
Tim Hortons Inc., is a quick service restaurant in North America. Shares of THI fell by 0.23% or $-0.18/share to $78.63. In the past year, the shares have traded as low as $50.67 and as high as $82.16. On average, 1174610 shares of THI exchange hands on a given day and today's volume is recorded at 1100170.
Tim Hortons Inc., is a quick service restaurant in North America. Shares of THI fell by 0.36% or $-0.32/share to $87.87. In the past year, the shares have traded as low as $56.12 and as high as $89.99. On average, 905542 shares of THI.TO exchange hands on a given day and today's volume is recorded at 956857.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.05% or $-0.02/share to $36.39. In the past year, the shares have traded as low as $33.21 and as high as $38.73. On average, 662642 shares of TRI exchange hands on a given day and today's volume is recorded at 1097478.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.34% or $-0.14/share to $40.66. In the past year, the shares have traded as low as $35.07 and as high as $42.10. On average, 643562 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 1080691.
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