
Global M&A activity surges to decade-high values in Q3 2025
Global M&A activity surged to its highest level in a decade during Q3 2025, reaching $371 billion in completed deals—surpassing the total value of the first half of the year. North America led the resurgence, with deal values more than doubling year-over-year and contributing $246 billion. Analysts attribute the momentum to stabilized interest rates, strong equity markets, and renewed confidence among dealmakers despite ongoing geopolitical and regulatory challenges.