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Stock impact report

Mega deals drive robust M&A: Crosbie & Co. [Investment Executive - News]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
In a report published Tuesday, the firm revealed that the volume of deal activity ticked up in the fourth quarter — with 672 transactions announced in the quarter, up slightly from 662 deals in the third quarter. The value of deal activity dropped from the third quarter's record level of $144.9 billion, but remained above the $100-billion mark. “The fourth quarter and entire second half of 2025 showed a remarkable reversal of sentiment and activity from the preceding quarters as adaptability and resiliency prevailed,” said Stephen Ng, managing director at the Toronto-based mid-market investment bank, in a release. “As market participants adjusted to the shifting macro environment, many took advantage of attractive debt and equity markets to consummate strategic deals of scale,” he noted. For the full year, there were 2,560 deals announced in 2025, Crosbie reported, which represented $422 billion in deal value. While the volume of deals dropped slightly on a year-over-year b Show less Read more
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