J. P. Morgan – Global M&A Market Outlook 2025

Driving M&A growth in a dynamic landscape. As we start 2025, the M&A landscape is set to build on the momentum from 2024, with increased volume and deal sizes across all regions. The outlook for 2025 remains positive, driven by factors such as de-globalization, de-dollarization, and strategic realignments in technology and healthcare. Private equity firms are expected to increase activity, while cross-border M&A will benefit from valuation differentials. However, geopolitical risks and economic policies pose challenges. The emphasis on agility and innovation will be crucial for navigating these dynamics.