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ID - International M&A in Q1 fares better than US or Canada - April 2019

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The international upstream deal market fared significantly better than the US and Canada in the wake of the late2018 oil price decline. That may seem strange since disclosed international deal values dropped 60% from $8.84 billion in 4Q18 to $3.56 billion in 1Q19, the lowest level since 2Q12, according to the Global M&A Database. However, compare that to US M&A’s 78% drop to a 10-year low of $4.17 billion and the 93% plummet to $52 million seen in Canada. Looking at the number of sheer deals, international M&A......
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