Deals

Novo Nordisk/Pfizer Spat Boosts $140 Billion M&A Surge

This week has brought a flurry of multibillion-dollar deals across major sectors

The Novo Nordisk A/S logo during a news conference in Mumbai, India, on Tuesday, June 24, 2025. Photographer: Dhiraj Singh/Bloomberg

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By Fareed Sahloul

October 30, 2025 at 5:04 PM UTC

This article is for subscribers only.

Hi, it’s Fareed Sahloul, wondering if this could yet turn out to be a record year for deals after a surge of multibillion-dollar M&A. Elsewhere, software maker BlackLine is now facing activist pressure to pursue a sale.

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