Mergers-and-acquisitions activity globally is roaring back to life, with several megadeals in the third quarter building on momentum from earlier this year. When Donald Trump returned to the White House, markets expected a deregulatory wave and tax-friendly environment to spark a dealmaking surge. However, recession fears, geopolitical flashpoints and tariffs concerns kept boardrooms a bit cautious. Now, they appear to have put aside those worries for good, leading to a sharp surge in M & As, buoyed by rate-cut expectations and elevated levels of private-equity "dry powder." According to data provided by financial markets platform Dealogic, the third-quarter saw a surge in M & A activity this year with collective deal value at $1.29 trillion, compared to $1.06 trillion in the second quarte

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