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After years of drought, deal makers can finally point to what looks like a real revival,

if only for the biggest and the brashest of corporate acquires.

As the first quarter of 2026 comes to a close, Global M&A volume year-to-date has risen 37%

to over $1 trillion, according to ELSEG data.

But that's driven by big boosts in both mega deals and the value of border hopping international

transactions.

A couple of potential transatlantic deals in high fashion, hard spirits, and, as we found out

this morning on Tuesday, in food,

might further cement the trend. What it all means and whether this uptick can survive

oncoming volatility from the golf crisis and more is the subject of this week's viewsroom.

It's Jonathan, and this is the viewsroom your weekly dive into the biggest topics in business

and economics. My regular co-host, Amy Donnellan, is out this week, so in her stead, I'm joined by Jeff Goldfarb, our global corporate finance editor. And Jeff, it's a handy week for you to be on because you have, A, just returned from a visit to the biggest event on most dealmaker's social calendar, and then B, you have been covering one of these cross-border

deals, right? Yeah. It's, you know, I went to the Tulane Corporate Law Institute down in New

Orleans. Every year, the deal-making industry gets together and has a bit of a chinwag and

came back to a whole host of deals really. I think the

one you're referring to is the big liquor deal. But I mean, you know, just as I mean, if we can

just start with where the mood was in New Orleans, you know, every year an investment banker comes in and gives sort of a big spiel about where

...