Deals

What Data Tell Us About How M&A Behaves in Times of Conflict

Bloomberg-compiled data show deal numbers tend to fall in the short-term.

Jerome Bonnafont, ambassador and permanent representative of France to the United Nations, center, speaks during a United Nations (UN) Security Council meeting in New York, US, on Saturday, Feb. 28, 2026.Photographer: Adam Gray/Bloomberg

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By Fareed Sahloul and Alex Dooler

March 2, 2026 at 3:44 PM UTC

This article is for subscribers only.

Hi, it’s Fareed Sahloul in London and Alex Dooler in Abu Dhabi, with some numbers on how M&A sentiment tends to trend in times of armed conflict. Also today, JPMorgan tests ‘art of the possible’ in LBOs.

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