The pre‑merger notification threshold relating to transaction‑size will be $87 million in 2016, up from $86 million last year, the Competition Bureau announced recently. Mergers are only notifiable if three threshold tests are met: 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. Party size: the Canadian assets or sales of all parties and their affiliates must be $400 million or more. Transaction size: the target must have Canadian assets or sales of $87 million or more. [more] Full article