Cross-Border M&A in 2025: What KKR, ON Semiconductor and Merck KGaA Signal for Mid-Market Dealmakers
Three landmark deals — KKR’s acquisition of EDF Power Solutions, ON Semiconductor’s $7bn Synaptics deal, and Merck KGaA’s $11.3bn Bio-Techne purchase — signal a structural acceleration in cross-border M&A across energy, AI hardware, and life sciences. Mid-market decision-makers must reassess valuation benchmarks, regulatory exposure, and exit readiness now.