Article
European M&A Maintains Momentum Amid Broader Market Uncertainty
European M&A activity in the first half of 2026 presents a paradox: deal values reached their highest levels since late 2021 at USD661.5 billion, yet transaction volumes dropped sharply by 17.8%. Strategic acquirors are pushing forward with deals despite geopolitical uncertainty, with defense, renewable energy, and electric vehicles emerging as key sectors driven by supply-chain concerns and evolving EU regulatory dynamics that favor domestic consolidation while scrutinizing foreign investment.
A&O Shearman