According to the Boston Consulting Group's Global M&A Report, Italy is close to 100 billion in M&A. In 2022, the value of mergers and acquisitions in the country more than doubled, reaching 99 billion dollars and exceeding the average of the last five years. The result contrasts with the global trend of operations in this sector, which fell by 39% to $2,622 billion after a record 2021. The report attempts to analyze Italian data to determine whether it is the "son of the long wave of post-pandemic recovery" or predicts a global trend for 2023. Edoardo Palmisani, Managing Director and Partner of BCG, said: "In 2022, M&A in Italy saw the value of transactions double year-on-year. The figure, however, is influenced by a few large transactions that represented more than half of the total value of the transactions. Large and mega-operations, it should be noted, were also key players in M&A in 2022. Consider Microsoft's 75.6 billion bid for Activision Blizzard, Elon Musk's 41.3 billion bid for Twitter, or the 52 billion bid by Edizione and Blackstone for Atlantia in Italy. Globally, worsening economic and financial conditions caused a slowdown in operations in late 2022 and early 2023. However, the difficult macroeconomic environment and geopolitical tensions may now provide a boost, beginning with the perceived opportunity for some multinational corporations to cut ties with China.