Asia-Pacific M&A By the Numbers: Q3 2025

M&A activity in the Asia-Pacific region remained robust in Q3, with 2,519 announced deals totaling $107.2 billion. The Industrials sector led the way at $28.36 billion, followed by Information Technology ($9.39B) and Healthcare ($8.02B). The quarter's largest single deal was Shenzhen DongyangguangIndustry Co., Ltd.'s $4 billion acquisition of the China operations of WinTrix DC Group, a major contributor to the Industrials total.

Geographically, China topped the list with $35.13 billion in announced deal value, moving ahead of Japan ($17.03B) and South Korea ($13.56B). Australia ($9.88B) and Hong Kong ($3.19B) rounded out the top five, highlighting broad-based activity across the region.