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AGM :: Affleck Greene McMurtry LLP
Affleck Greene McMurtry LLP
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Merger Notification Threshold Raised to $88m

Bureau reviews above certain thresholds to detect anti-competitive mergers

The pre‑merger notification threshold relating to ‑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 “. Transactions can take various forms, for example, acquisitions of assets or , 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

W. Michael G. Osborne

Michael Osborne is a former Partner of Affleck Greene McMurtry LLP

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