% Generated by code/make_tables.py from results/resolver/overmerge\_by\_type.csv, composition.json. Do not edit by hand.
\begin{table}[H]
\centering\scriptsize
\setlength{\tabcolsep}{3pt}
\caption{Over-merge indicators of the resolution key, by category}\label{tab:overmerge}
\begin{threeparttable}
\begin{adjustbox}{max width=\textwidth}
\begin{tabular}{lrrrrr}
\toprule
Category & Projects & \multicolumn{1}{c}{\makecell{$\geq 2$ distinct\\names (\%)}} & \multicolumn{1}{c}{\makecell{$\geq 3$ distinct\\names (\%)}} & \multicolumn{1}{c}{\makecell{$\geq 3$ distinct first partners\\(\% of projects with a partner)}} & \multicolumn{1}{c}{\makecell{All names distinct\\(\% of multi-mention)}} \\
\midrule
M\&A / integration & 41{,}742 & 30.9 & 14.6 & 10.9 & 30.2 \\
Capital expenditure program & 10{,}720 & 19.4 & 6.4 & 4.1 & 38.9 \\
Strategic partnership & 9{,}909 & 19.7 & 6.7 & 4.3 & 38.6 \\
Geographic expansion & 7{,}868 & 25.2 & 10.2 & 1.9 & 35.8 \\
Plant / site construction & 7{,}590 & 30.3 & 13.5 & 4.0 & 34.7 \\
Cost reduction / restructuring & 6{,}481 & 17.5 & 5.7 & 1.6 & 26.4 \\
Drug / clinical pipeline & 5{,}360 & 46.2 & 27.9 & 12.0 & 28.1 \\
New product / launch & 5{,}356 & 28.0 & 12.2 & 3.4 & 37.9 \\
R\&D program & 5{,}080 & 27.5 & 11.4 & 3.6 & 30.1 \\
Infrastructure investment & 4{,}481 & 20.8 & 7.5 & 2.2 & 38.1 \\
Manufacturing / capacity expansion & 4{,}140 & 27.1 & 11.3 & 2.2 & 34.8 \\
Technology deployment & 4{,}128 & 15.8 & 4.8 & 1.8 & 34.5 \\
Digital transformation & 2{,}642 & 19.3 & 6.3 & 0.0 & 25.9 \\
ERP / systems implementation & 1{,}735 & 17.2 & 3.5 & 1.4 & 12.9 \\
Sustainability / ESG & 1{,}305 & 15.2 & 6.1 & 1.1 & 26.8 \\
Supply-chain initiative & 684 & 15.1 & 3.5 & 1.0 & 27.0 \\
Data center & 449 & 26.1 & 9.4 & 3.6 & 46.5 \\
Energy transition / renewables & 415 & 24.3 & 10.1 & 1.6 & 38.4 \\
AI / ML initiative & 376 & 16.2 & 4.8 & 0.0 & 27.8 \\
Automation / robotics & 374 & 13.1 & 2.7 & 4.2 & 28.0 \\
Cloud migration & 264 & 17.1 & 5.7 & 0.0 & 21.9 \\
\bottomrule
\end{tabular}
\end{adjustbox}
\begin{tablenotes}\footnotesize
\item Distinct names and partners are counted over the mentions of each project (lower-cased); three or more distinct counterparties in one M\&A project is an over-merge by construction. For 1{,}630 of 12{,}372 M\&A projects in which both are named, the project amount comes from a mention naming a different counterparty than the representative mention. These are indicators, not error rates: the linkage audit of gate (d) has not been run.
\end{tablenotes}
\end{threeparttable}
\end{table}