We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Mergers & Acquisitions

  • May 24, 2019

    UK Litigation Roundup: Here's What You Missed In London

    The past week has seen a wealthy British shipping magnate face commercial fraud claims, a Russian businessman sue a former peer embroiled in a mall fraud dispute, and a Barclays Bank PLC unit face contract claims from a host of consumers. Here, Law360 looks at those and other new claims in the U.K.

  • May 24, 2019

    TPG, Vodafone Challenge Australia's Bid To Block $10B Deal

    TPG Telecom and Vodafone on Friday made good on a promise to challenge Australia’s antitrust authority’s finding that their AU$15 billion ($10.4 billion) combination would kill competition in the country’s mobile services market.

  • May 24, 2019

    Don't Miss It: Hogan, Latham Guide Week's Hot Deals

    With so much mergers and acquisitions news this week, you may have missed several deals announced in the last several days helmed by firms such as Hogan Lovells and Latham & Watkins. Here, Law360 recaps the ones you might have missed.

  • May 24, 2019

    Venable Lands Tech-Focused M&A Partner In DC Office

    A former Crowell & Moring attorney with experience handling technology-centric mergers and acquisitions in regulated industries has joined Venable's corporate practice as a partner in the firm's Washington, D.C., office.

  • May 24, 2019

    4 Firms Assist As PE Firm Pays £561M For London’s Tarsus

    European private equity firm Charterhouse Capital Partners on Friday inked a roughly £561 million ($711.5 million) acquisition of London-based media group Tarsus Group, in a deal steered by Allen & Overy, Carey Olsen, Macfarlanes and Ogier.

  • May 24, 2019

    Japan's Surging Outbound M&A Shows No Sign Of Slowing

    Robust outbound deal-making by Japanese buyers is poised to hit new heights, as cheap financing abounds and companies look overseas for growth amid growing pressure from shareholder activists, according to a team of new partners in Latham's Tokyo office.  

  • May 23, 2019

    Aegerion Pharma's Interim Ch. 11 Cash Request Irks Judge

    A New York bankruptcy judge on Thursday told attorneys for embattled specialty drug provider Aegerion Pharmaceuticals Inc. that he will approve the company's first-day request to use on-hand cash that is subject to creditor liens once it removes provisions that parties not yet present might find objectionable.

  • May 23, 2019

    EU Regulators Were OK To Clear VodafoneZiggo, Court Says

    The European Commission rightly cleared Vodafone and Liberty Global's creation of their VodafoneZiggo joint venture supplying mobile, internet and television service in the Netherlands, Europe's top appeals court ruled Thursday, rejecting a challenge to the clearance.

  • May 23, 2019

    CMA Drafts Order Blocking Sainsbury's-Asda Deal

    The U.K.'s competition watchdog announced Thursday it plans to officially make a draft order blocking Sainsbury's planned £7.3 billion ($9.24 billion) acquisition of Walmart Inc. unit Asda, and is inviting comments on the draft until June 24.

  • May 23, 2019

    Sears Creditors Say Ch. 11 Plan Lacks Legal Basis

    Multiple Sears creditors have asked a New York bankruptcy court to reject the company’s Chapter 11 plan, claiming the proposal has a shakier legal and financial foundation than Sears would have creditors believe.

  • May 23, 2019

    Deals Rumor Mill: Blackstone, BP, Triton

    Blackstone wants to raise $5 billion with a new real estate debt-focused fund, BP PLC is close to selling its stake in Dragon Oil for more than $600 million, and Triton has lobbed a takeover offer for British travel company Thomas Cook’s northern Europe business.

  • May 23, 2019

    DOJ Taking Closer Look At $17B Centene-WellCare Merger

    Centene and WellCare disclosed Thursday that the U.S. Department of Justice is seeking more details on the government-focused health insurers' planned $17 billion tie-up, pushing regulators’ review timeline back indefinitely.

  • May 23, 2019

    3 Firms Assemble $505M Deal For PE-Backed Restoration Biz

    North American outsourced property services company FirstService on Thursday agreed to buy private equity-backed Global Restoration Holdings LLC for about $505 million, in a deal steered by Goodwin Procter, Fogler Rubinoff and Ferrante & Associates.

  • May 23, 2019

    4 Firms Steer Alion's $225M Navy Systems Unit Sale To Serco

    Government contractor Alion Science said Thursday it will sell its naval systems unit to the North American arm of U.K.-based government and public services firm Serco in a $225 million deal, with Schulte Roth and Covington & Burling steering the seller and Bass Berry & Sims and Stroock & Stroock & Lavan guiding the buyer. 

  • May 23, 2019

    LondonMetric Makes Nearly £415M Bid For Fellow UK REIT

    LondonMetric Property plc on Thursday offered to buy fellow U.K. real estate investment trust A&J Mucklow Group plc for £414.7 million ($525.5 million), saying the acquisition would bolster its portfolio of distribution and industrial properties, specifically in England’s West Midlands region.

  • May 23, 2019

    Scor Acquires London Asset Manager To Tap UK ILS Market

    French reinsurer Scor announced Thursday it has agreed to buy Coriolis Capital, an asset manager specialized in the insurance-linked securities market, boosting its presence in one of the fastest growing parts of the insurance market.

  • May 22, 2019

    Loeb & Loeb Nabs Ex-Mitchell Silberberg Corporate Pro In LA

    Loeb & Loeb LLP has hired a former Mitchell Silberberg & Knupp LLP transactional lawyer with more than two decades of experience guiding business clients through acquisitions, buyouts and restructurings, expanding the century-old firm’s corporate team in Los Angeles.

  • May 22, 2019

    4 Firms Shape Deal To Create $11B Beauty Biz

    Brazil's Natura Cosmeticos SA has agreed to acquire Avon Products to create the fourth largest beauty retailer in the world with an enterprise value of $11 billion, the companies said Wednesday, in a deal guided by Cravath, Paul Weiss, Davis Polk, and Kirkland & Ellis.

  • May 22, 2019

    Reading Eagle Gets Nod For Ch. 11 Sale To MediaNews Group

    The Reading Eagle Co. received court approval Wednesday in Philadelphia bankruptcy court for a $5 million sale of its assets to news giant MediaNews Group Inc., ending more than 150 years of family ownership for the eastern Pennsylvania newspaper publisher.

  • May 22, 2019

    Road Co. Can't Stop Accounting Doc Search, Judge Says

    A Wisconsin federal judge said Tuesday a road construction company can't stop shareholders from obtaining accounting records in a lawsuit over the value of the business' shares.

  • May 22, 2019

    Directors Escape XpresSpa Corporate Takeover Suit

    A New York federal judge has dismissed a lawsuit alleging directors of a public shell company duped the co-founders of an airport spa chain into an undesirable merger, citing a lack of evidence that the co-founders had been misled.

  • May 22, 2019

    Deals Rumor Mill: TransferWise, Lone Star, Hudbay

    TransferWise is now reportedly worth $3.5 billion thanks to its latest funding round, Lone Star Funds is getting ready to either sell or list Isaria Wohnbau AG, and Hudbay Minerals is getting ready to sell its stake in an Arizona copper mine.

  • May 22, 2019

    Ukraine Bank Sues Oligarchs In Chancery Over Shell Firms

    Ukraine's PrivatBank sued a pair of oligarchs and their investment companies in Delaware Chancery Court late Tuesday, accusing the two of siphoning away billions and laundering some of it through Delaware-chartered shell companies that bought up factories and commercial real estate around the United States.

  • May 22, 2019

    Nuvei's $889M SafeCharge Buy Marks Latest Payments Tie-Up

    Nuvei on Wednesday inked an $889 million takeover of U.K.-listed SafeCharge, the latest combination of payment services companies amid a wave of consolidation.

  • May 22, 2019

    Sidley Guides German Copper Co.'s €380M Recycling Biz Deal

    German rolled-copper manufacturer Aurubis said Wednesday it has agreed to buy private equity-backed Metallo Group for €380 million ($424 million) in a deal guided by Sidley Austin LLP that will bolster Aurubis' recycling portfolio.

Expert Analysis

  • Securities Class Action Filings Show No Signs Of Abating

    Author Photo

    The number of securities class action filings has remained high over the last year, and this trend is likely to continue, particularly if the markets remain volatile. But the good news for corporate America is that the number of dismissals also appears to be increasing, say attorneys at Skadden Arps Slate Meagher & Flom LLP.

  • Guest Feature

    'The Mooch' Talks Mayhem, Con Law, Lessons From Harvard

    Author Photo

    Anthony Scaramucci is probably best known for the 11 days he spent as White House director of communications in 2017. But when White and Williams LLP attorney Randy Maniloff sat down to chat with "the Mooch," he was interested in hearing a different story.

  • Why Chancery Rejected Corwin Cleansing In Tangoe

    Author Photo

    The Tangoe stockholders litigation is one of the rare — but apparently increasingly frequent — cases in which the Delaware Court of Chancery has ruled that Corwin cleansing of a transaction is not available because stockholder approval of the transaction was not “fully informed and uncoerced,” say attorneys at Fried Frank Harris Shriver & Jacobson LLP.

  • FTC Decision Highlights Growing Divide On Vertical Mergers

    Author Photo

    A recent Federal Trade Commission enforcement action involving a vertical merger between Staples Inc. and Essendant Inc. highlighted the intensifying debate regarding vertical integration's competitive benefits and harms, as well as starkly divergent views between individual commissioners on merger review, say Daniel Hemli and Jacqueline Java at Bracewell LLP.

  • Why Proper Document Redaction May Be An Ethical Duty

    Author Photo

    Paul Manafort's attorneys recently filed a court document containing incompletely redacted information, highlighting the need for attorneys to become competent at redaction — or at least at verifying that redaction has been performed correctly. Failure to do either could be construed as legal malpractice, says Byeongsook Seo of Snell & Wilmer LLP.

  • Oxbow: A Study In The Cost Of Misalignments In Good Deals

    Author Photo

    The recent Oxbow litigation in Delaware provides an example of how things can go wrong on a minority investor's road to liquidity. For example, misalignment between a transaction's economic terms and parties' motivations can skew expectations, say Kyle Gann and Jason Osborn of Winston & Strawn LLP.

  • Series

    Why I Became A Lawyer: A Refugee's Journey Of Firsts

    Author Photo

    Even as a child in war-torn Iran, I began to develop a sense of justice and a desire for equality and the rule of law. These instincts ultimately guided me to become a federal prosecutor, and now a partner in private practice, says Raymond Aghaian of Kilpatrick Townsend & Stockton LLP.

  • Reps And Warranty Insurance: Navigating The Claims Process

    Author Photo

    With the rising prevalence of representation and warranty insurance, more R&W insurance claims are being asserted by buyers and sellers. Given this trend, there are some important pitfalls to keep in mind when considering a claim under an R&W policy, say attorneys at Brown Rudnick LLP.

  • Ousted Directors Have Broad Records Inspection Rights

    Author Photo

    Last month, the court in Schnatter v. Papa John’s ruled that a director had the right to inspect corporate records related to the board’s determination to sever ties with him. Attorneys at Fried Frank Harris Shriver & Jacobson LLP discuss the wide applicability of this decision in the current era of heightened sensitivity to director misconduct.

  • Keeping PR Strategy Communications Privileged: Part 2

    Author Photo

    Determining whether and to what extent your legal team should invite a PR agent into privileged communications requires weighing many factors — including the unsettled and evolving case law on whether such involvement destroys privilege protection and creates discoverable, usable evidence, says Jeffrey Schomig of WilmerHale.

  • Escaping The Fallacy Of The Indispensable CEO

    Author Photo

    The perception that a certain CEO is essential to a company's success recently resulted in some uncomfortable situations for the boards of CBS and Tesla. To avoid these issues, boards should focus on two important functions, say Morton Pierce and Michelle Rutta of White & Case LLP.

  • Recent Trends In Energy Antitrust Enforcement And Litigation

    Author Photo

    Over the last year, energy transactions continued to represent a significant focus of merger enforcement activity, and energy-related private antitrust litigation remained active, say attorneys with Vinson & Elkins LLP.

  • Oxbow: Freedom Of Contract Is Fundamental To Delaware Law

    Author Photo

    The Delaware Supreme Court's recent decision in the Oxbow Carbon litigation affirms that freedom of contract is a bedrock principle of Delaware law and that the implied covenant of good faith and fair dealing is only to be applied in limited circumstances, say Kyle Gann and Jason Osborn of Winston & Strawn LLP.

  • Keeping PR Strategy Communications Privileged: Part 1

    Author Photo

    Companies faced with high-profile litigation often turn to public relations firms to help defend their reputations and maintain shareholder confidence. But recent cases are a reminder that internal PR firm documents face uncertain privilege protection, even when those documents are generated in support of a broader legal strategy, says Jeffrey Schomig of WilmerHale.

  • What Lawyers Can Do To Prevent And Combat Burnout

    Author Photo

    Lawyer burnout has been called a “romantic disorder” because it is characteristic of a work ethic admired in the legal culture. But the negative impacts of burnout are real and lawyers need to recognize the signs and solutions, says Jennifer Gibbs of Zelle LLP.

Can't find the article you're looking for? Click here to search the Mergers & Acquisitions archive.