As we look back on a year marked by an unusually high number of elections — about 64 across the globe — there’s an undeniable shift in the political dynamic that is reverberating across markets. While elections themselves are often seen as democratic milestones, the political outcomes have more than just social implications.

They are becoming increasingly fundamental in shaping the direction of global merger & acquisition (M&A) activity. The intersection of political change and M&A has long been recognised, but in 2024 the trends seem more pronounced, driven by economic uncertainty, regulatory shifts and investor sentiment...

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