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In our global M&A report for 2025, ‘Gaining Altitude’, we forecast deal activity increasing throughout the year, but with the hard work which characterised so many deals in 2024 likely to continue.

We also explored:

  • how buyers are financing deals amid high interest rates;
  • the ways buyers have increased due diligence on target businesses;
  • the increasing regulatory burden on M&A transactions;
  • how shareholder activism is affecting deals;
  • the increasing sophistication of deal terms; and
  • how geopolitical tensions are shaping the deals landscape.

We also shared regional perspectives from our teams around the world, in which we looked at regional trends in M&A and the outlook for 2025.

We have now published our sector and broader perspectives in which we look at sectoral and wider trends in M&A.

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M&A

Key contacts

Gavin Davies photo

Gavin Davies

Head of Global M&A practice, London

Gavin Davies
Antonia Kirkby photo

Antonia Kirkby

Knowledge Counsel, London

Antonia Kirkby
Greg Mulley photo

Greg Mulley

Partner, London

Greg Mulley
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