麦肯锡：2026年全球并购趋势驾驭快速反弹的市场研究报告（英文版）

While many executives were shaken by geopolitical and trade challenges in 2025,1 we bet that the world’s top M&A dealmakers would once again absorb the shocks and forge ahead with their usual focus and discipline. Indeed, as abrupt shifts in trade policies settled into a pattern of less threatening change, relief turned into confidence and then a fear of missing out. Economic effects were lighter than anticipated, balance shets remained strong, monetary policies lowered the cost of capita