Canada equity, debt deals surge in first quarter, but M&A skids

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By Nivedita Balu TORONTO (Reuters) – Canadian companies tapped equity and debt capital markets with vigor in the first quarter, but mergers and acquisitions slowed and a dry spell for initial public offerings extended into the new year, LSEG data released on Thursday showed. Equity issuance in Canada soared more than two-fold from the year-ago quarter to $4.97 billion, while debt deals jumped

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