Fewer but Larger Transport M&As in Q3: Study
In the third quarter of 2025, the transport sector witnessed a continued decline in merger and acquisition (M&A) activity, marking the third consecutive quarter of reduced deal volume.
This downward trend, as reported in AlixPartners’ Transport M&A Review, reflected a broader pattern of economic caution driven by persistent geopolitical uncertainties and the pressures of aggressive U.S. trade policy.
Overall, Q3 saw deal volume fall approximately 18% from the previously challenging quarter, and a significant 47.1% drop compared to the same period in 2024. This contraction occurred despite the occurrence of high-profile transactions headlined by the...
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