This report presents the Evalueserve M&A Recovery Index (EMARI), which measures recovery across the world’s top 10 M&A markets by analyzing their response to COVID-19, economic activity, and dealmaking performance. The index is based on the view that M&A recovery is closely linked to broader healthcare, social, and economic recovery. EMARI assigns recovery scores to evaluate each country’s progress toward pre-pandemic conditions and identify the effort required to achieve full normalization. The framework considers factors such as healthcare recovery, social recovery, work resumption, government response, economic indicators, and M&A activity trends. By comparing performance across key markets, the report provides insights into the pace of recovery, investor confidence, and dealmaking pros

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