The global mergers and acquisitions activity in 2024 is projected to reach $3.5 trillion, a 15% increase from last year's $3.2 trillion.
The largest deal was ExxonMobil’s $64.5 billion acquisition of Pioneer Natural Resources, enhancing its presence in Texas's Permian Basin.
Regulatory pressures impacted deal flow, seen in the FTC blocking Albertson's $25 billion takeover of Kroger, leading to legal disputes.
Looking ahead, analysts see potential for a 14% surge in deals for 2025 amid expected tax cuts and lower interest rates under a different FTC leadership.
Among the anticipated deals, Alphabet and Qualcomm are noted as potential acquirers in the coming year.
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