03-07-2025
CIBC Urges Firms to ‘Be Bold' in M&A-Focused Stock Deals
Canadian Imperial Bank of Commerce says investors this year have rewarded Canadian companies that have sold shares to fund acquisitions, and it's urging firms to take more risks and pursue deals.
'We're encouraging all of our clients to be bold,' Tyler Swan, managing director and global head of equity capital markets at CIBC, said in an interview. He said that equity deals used to fund M&A have been well received with 'deep order books and strong after-market trading performance.'
