Morgan Stanley credit strategists said in a report global M&A activity is accelerating and heading toward record scale. US dealmaking remains robust; European transactions are also rising, supported by a softer European Commission stance on industry consolidation, high market fragmentation and generally healthy balance sheets.

2026-07-27

Morgan Stanley credit strategists said in a report global M&A activity is accelerating and heading toward record scale. US dealmaking remains robust; European transactions are also rising, supported by a softer European Commission stance on industry consolidation, high market fragmentation and generally healthy balance sheets.