Global mergers and acquisitions activity has remained resilient in 2026 despite continuing geopolitical tensions that have contributed to market volatility and concerns over inflation and interest rates. Large corporate transactions have continued to move ahead, particularly in the technology sector, as companies pursue assets tied to artificial intelligence.
Annual global deal value is on track to reach $4 trillion this year, making 2026 the strongest year for mergers and acquisitions since 2021. According to a report released Tuesday by PwC, deals valued above $5 billion accounted for almost half of total global deal value during the first half of the year. Brian Levy, global deals industries leader at PwC US, said in the report that artificial intelligence has accelerated the divide between winners and losers across industries.
