奥纬咨询：欧洲并购动能：2026年十大交易主题前瞻报告（英文版）

Despite the turmoil and economic uncertainty, dealmaking returned in force in 2025, and we expect the momentum to continue into 2026. Global M&A was up more than 30% last year, while Europe also saw strong growth, up 12% in deal value to about $820 billion, as investors rotated asset allocation to Europe. The last 12 months heralded a new-found conviction that Europe must go faster to consolidate and build sovereign scale, in many sectors including in defense, banking and technology. Whil