LSEG Data & Analytics Logo






Behind the Deals:
LSEG Deals Intelligence Insights








Report | The State of Global M&A: H1 2025
Global M&A is back in the spotlight — but what’s really driving the deal surge? 

M&A activity in H1 2025 is signalling a cautious but notable rebound. After a volatile 2024, confidence is gradually returning to the global capital markets arena, driven by the return of mega deals and cross-border deal making.

Our new report dives into these emerging trends giving you a comprehensive view of the capital markets landscape in the first half of the year.

What’s Inside the H1 2025 Report:
  • M&A Momentum:  An exploration of the return of mega deals, mid-market resilience, and sector-specific drivers
  • ECM Trends: Signs of IPO recovery and selective equity issuance
  • DCM Pulse: Stable rates drive opportunistic refinancing and new issuance
  • Regional & Sector highlights: Where confidence is returning and why
To find out more how Workspace can empower your workflows, explore our latest Deals Intelligence reports.

Report | The State of Global M&A: 2025
A shifting landscape 

Discover the latest trends and key developments in the M&A market with our comprehensive Deals Intelligence Insights report. This exclusive resource offers a deep dive into the M&A landscape, providing valuable data, analysis, and expert perspectives.

Whether you're looking to stay informed on emerging opportunities or understand the factors shaping the market, our report is designed to give you the insights you need.

Access this exclusive report to find out:
  •  The US and the UK control more than half the global M&A.
  • China’s almost decade long retreat from international M&A continues, prompting our question ‘Have we already reached “peak M&A”’?
  • The largest deals ($5bn+) are driving the market, rising 33%, while the mid-market continues to fall, down 14%.
Download it now for a detailed look at the evolving M&A scene.
Authors
Matthew Toole
Director Deals Intelligence 
Lucille Jones
Senior Manager, Deals Intelligence
Elaine Tan
Senior Manager, Deals Intelligence

Discover our investment banking services and solutions