Nordics M&A activity, 2022–Q3 2025
The Nordic economies are still adjusting to weak global demand, falling exports, and sluggish domestic investment. Sweden, the region's largest economy, narrowly avoided recession as the Riksbank delivered its third rate cut of the year in September, lowering the policy rate to 1.75% to support growth. Inflation has cooled toward 2%, giving policymakers room to ease, but housing and construction remain major drags, with residential output at its lowest level in a decade. Denmark and Finland growth is being held back by a slower oil and gas sector. pattern. A total of 667 transactions were announced, down 15.1% year- on-year. Aggregate value held steadier, reaching 15.7bn, a modest