*
56% of global CEOs expect to pursue M&A in 2025
*
Survey of 1,200 CEOs conducted after Trump's election
*
Global deal volumes expected to rise this year
By Divya Chowdhury and Lisa Pauline Mattackal
DAVOS, Switzerland, Jan 22 (Reuters) - Global chief
executives see much more corporate dealmaking in 2025, with an
increased number expecting to pursue mergers and acquisitions
after U.S. President Donald Trump was elected to a second term
in November, a survey showed.
Some 56% of CEOs expect to actively pursue M&A activity in
2025, compared with just 37% in September, according to an
EY-Parthenon CEO Outlook Survey in November and December.
The deal appetite was the largest in nearly two years, with
60% of global CEO respondents expecting an increase in
transactions worth more than $10 billion, the consultancy's
survey released on Tuesday showed.
The figures suggest M&A activity will continue to recover
after a slump in 2023, with easing U.S. borrowing costs and
expectations for more business-friendly policies under Trump,
who was inaugurated on Monday. Bankers, for example, expect
global deal volumes to surpass $4 trillion this year.
Confidence in growth also increased after the Nov. 5
election, to 73.5% from 70.5% in September, the survey showed.
"Many of our clients are very upbeat and they see bright
spots into the future," said Jad Shimaly, global managing
partner for client service at EY, on the sidelines of the World
Economic Forum in Davos, Switzerland.
"They expect steady growth, and with steady, the business
community gets a bit more eager to think longer term, to invest
and transact, which drives a lot of momentum in the global
economy."
Around 48% of CEOs surveyed were planning a divestment or
carve-out, while 96% expected to pursue transactions or initial
public offerings, joint ventures or strategic alliances.
Real estate, technology and consumer products are expected
to be among the most active M&A sectors.
Canada, the U.S., Mexico, the United Kingdom and Germany
were the top countries seen attracting investments in 2025, the
survey showed.
(Join GMF, a chat room hosted on LSEG Messenger, for live
interviews: https://lseg.group/4ajdDTy)