The Litigator

THE LITIGATOR

Commentary on Law Affecting Business

The Litigator
AGM :: Affleck Greene McMurtry LLP

THE LITIGATOR

Affleck Greene McMurtry LLP
365 Bay Street, Suite 200  ·  Toronto, Canada
416 360 2800  ·  info@agmlawyers.com  ·  www.thelitigator.ca

Merger Notification Threshold Raised to $88m

Competition Bureau reviews mergers above certain thresholds to detect anti-competitive mergers

The pre‑merger notification threshold relating to transaction‑size will be $88 million in 2017, up from $87 million last year, the Competition Bureau announced recently.

Mergers are only notifiable if three threshold tests are met:

  1. Transaction type: the transaction must involve an “operating business in Canada“. Transactions can take various forms, for example, acquisitions of assets or shares, amalgamations, combinations, etc.
  2. Party size: the Canadian assets or sales of all parties and their affiliates must be $400 million or more.
  3. Transaction size: the target must have Canadian assets or sales of $88 million or more.

W. Michael G. Osborne
Affleck Greene McMurtry LLP

W. Michael G. Osborne

Michael Osborne is a former Partner of Affleck Greene McMurtry LLP

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