New Delhi, Nov. 3 -- Global mergers and acquisitions (M&A) activity is showing signs of recovery after a slow start to the year, with deal value rising 10 per cent to USD 1.9 trillion through the first nine months of 2025, according to the 22nd Annual Global M&A Report released by the Boston Consulting Group (BCG).

The report notes that the rebound is being led by a small group of experienced dealmakers making selective and strategic moves, rather than a broad wave of optimism. Despite ongoing market uncertainty, BCG says these investors are navigating volatility with discipline and long-term planning.

Jens Kengelbach, BCG's global head of M&A and a co-author of the report, said, "The global M&A recovery is real but uneven, with markedl...