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  1. Goldman Sachs13 min

    Big, Bold, Strategic Moves: The 2021 M&A Outlook

    Stephan Feldgoise, Mark Sorrell, Jake Seward, Stefan Feldgeus

    Goldman Sachs reported a historic $1.8 trillion in M&A volume during late 2020 and early 2021, driven by abundant private capital, open credit markets, and a strategic shift from risk mitigation to aggressive growth positioning. The firm executed over 100 transactions largely through virtual innovation, including drone site visits, while clients increasingly pursued larger, complex deals and unsolicited bids. Looking ahead, the investment bank forecasts a surge in cross-border activity and large-ticket transactions exceeding $10 billion as vaccine distribution eases restrictions and boards prioritize global repositioning.