Global M&A Reaches $2.6T, Highest Since 2021, Fueled by U.S. Megadeals And AI

Global M&A activity surged to $2.6 trillion through July, the highest year-to-date total since the 2021 peak, according to Reuters. Dealogic data shows that while the number of deals through August 1 is down 16% from last year, their total value is up 28%, driven by U.S. megadeals over $10 billion. AI-related transactions are driving much of the momentum, including Samsung’s $1.7 billion purchase of FlaktGroup and Palo Alto Networks' $25 billion acquisition of CyberArk. Analysts say companies have adjusted to geopolitical volatility and Trump-era tariffs, with renewed boardroom confidence fueling growth-driven strategies. The U.S. remains the most active market, accounting for over half of global deal activity, while Asia-Pacific dealmaking has doubled year-over-year, outpacing Europe and the Middle East.