Specialist Sales 24 July 2025 J P M O R G A N JPM | M&A 2025 Mid-Year Outlook Zara Patel +44 207 134 6029 zara.patel@jpmorgan.com JP Morgan has published their 2025 Mid-Year M&A Outlook . In the below note, I highlight interesting takeaways, with a focus on Europe. Our EMEA bankers are "cautiously optimistic" for European M&A outlook in H2 2025 and 2026. One chart which caught my eye: Activism increasing amidst market volatility. Page 15 has a chart showing the relationship between the number of public acti ...