ANALYSIS: Record Deal Volume YTD Despite Global Conflicts

June 4, 2026, 2:28 PM UTC

The global M&A market has remained resilient despite geopolitical tensions that have troubled corporate boards of directors and affected certain industries, such as farming.

Bolstered by mega deals (deals valued at at least $10 billion) earlier in the year, deal volumes through May are the highest they’ve been for this time frame in over a decade—even surpassing the deal volumes of the post-pandemic boom.

2026 is the first year since 2016 to surpass $2 trillion in deal volume for the first five months of the year—setting it up to potentially have the highest H1 since ...

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