KPMG: M&A deals are regaining vitality, and a wave of spin-offs may arrive within the year.

KPMG recently released the report "Global Merger Trends and the Outlook for the Chinese M&A Market," which indicates that, based on a systematic survey of over 700 M&A transaction participants across 20 countries and regions, the majority of institutions expect the number of M&A transactions to continue rising in the future. Spin-offs are becoming a core mechanism for reshaping investment portfolios, and a wave of spin-offs is anticipated by 2026. In the Chinese market, the number of M&A transactions remains low, but the average transaction size per deal has expanded significantly, with the top ten M&A transactions accounting for a much larger share. The effects of strategic policy guidance are becoming evident. AI is widely applied throughout the M&A lifecycle and has gradually been integrated into due diligence, modeling, and integration planning, allowing for detailed contract review, continuous risk monitoring, and historical transaction pattern identification, with processing capabilities far exceeding human limits.