CANADA M&A DEALS UP SHARPLY IN 1992

The value and number of Canadian petroleum industry mergers and acquisitions jumped sharply in 1992, reports Sayer Securities Ltd., Calgary. The trend driving the increase is the sale of major company noncore assets to small and medium sized companies, Sayer said. Value of the Canadian transactions rose 42% to $4.78 billion (Canadian) in 1992 from $3.36 billion in 1991. Much of that increase stemmed from a $1 billion exchange of properties among Amoco Canada Petroleum Co. Ltd., Maligne

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