China’s trade surplus with Central Asia grows in 2025
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Ukraine’s mergers and acquisitions market has continued to expand this year despite ongoing military and geopolitical turmoil, rising 22% in the first nine months of 2025 compared with the same period in 2024, reported Ukraine Business News.
A total of 45 deals worth a disclosed $806mn were recorded between January and September, an 8% year-on-year increase in value. However, only 53% of transactions revealed financial details, suggesting the real market size may be higher.
Two large transactions accounted for more than half of the total deal value. Agriculture holding MHP’s purchase of a 92% stake in Spanish meat producer Uvesa for €270mn and mobile operator Kyivstar’s acquisition of car-hailing and delivery platform Uklon for €155mn together made up 56% of disclosed deal value. Both were announced in the first half of the year, with no deals above $100mn reported in the third quarter.
The average transaction size remained steady at around $34mn, unchanged from last year.
Local investors continued to dominate activity, participating in 73% of deals and generating $442mn in value, signalling strong domestic confidence despite wartime pressures.
Information technology, real estate and construction, along with agriculture, remained the leading sectors for M&A.
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