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Global M&A back in motion

12 December, 2025

A mood of cautious optimism is sweeping through global mergers and acquisitions (M&A), with many commentators – including our own experts – reporting rising activity despite persistent geopolitical uncertainty.

Tensions in the Ukraine and Middle East continue to cast a shadow, while new US tariffs, drawn-out trade negotiations and volatile stock valuations have prompted some dealmakers to hesitate.

But the market has grown resilient. 

A significant share of buyers are pressing ahead with strategic deals. Private equity and family offices remain active, and international bidders are showing strong appetite, often outmanoeuvring local players slowed down by regulatory or economic constraints.

In a landscape where global dynamics shift fast, local insight is more critical than ever. 

The 2026 MHA Global Transaction Report reveals a diverse, country-by-country picture, and a market that is rediscovering its momentum. 

Access the report:

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