Persistent macroeconomic uncertainty, elevated financing costs, and geopolitical headwinds continued to weigh on dealmaking activity, resulting in a 4% year-on-year (YoY) decline in the total number of deals (comprising mergers & acquisitions (M&A), private equity, and venture capital (VC)) announced globally during January–August 2026 compared with the same period in 2025, according to GlobalData, a leading intelligence and productivity platform.


