Global M&A Heads for $4 Trillion in 2026 — Its Strongest Year Since 2021

Global mergers and acquisitions (M&A) are on track to reach $4 trillion in 2026, the strongest year since 2021, as multibillion-dollar megadeals tied to artificial intelligence (AI) reshape the market, according to PwC. However, deal volumes are falling, with value concentrated in megadeals while the broader market retreats. Megadeals Carry M&A as Overall Activity Declines