Larry Grafstein, Deputy Chair of Global Investment Banking at RBC, joins Mark Rushton, European co-head of M&A at RBC Capital Markets, to explore the dynamic M&A landscape leading to 2025. They discuss how lighter regulation may facilitate dealmaking in the U.S. while analyzing the impact of political changes on market sentiments. The duo highlights the resurgence of private equity and emerging trends in corporate activism, particularly how these factors shape M&A strategies in North America and Europe.