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Transactions UK
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February 19, 2026
FCA Chief Rathi Wants Shift Away From New Rules
The Financial Conduct Authority will seek to make fewer new rules on the sectors it regulates, its chief executive has said, amid political pressure on the watchdog to do more to support U.K. economic growth.
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February 19, 2026
Asset Manager ICG To Launch Share Buyback Of Up To £316M
Global alternative asset manager ICG PLC said Thursday that it will launch a share repurchase program of up to £316 million ($425.5 million) next week in a move to lower its share capital.
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February 19, 2026
EU Watchdog To Update Guidance On Inside Information
The European Union markets watchdog proposed Thursday to simplify guidelines on delaying disclosure of inside information under the market abuse regime, in order to reduce the burden for companies listing on stock exchanges.
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February 19, 2026
Spread-Betting Biz Fights Order To Unwind Merger With Rival
Sports betting company Spreadex urged the Competition Appeal Tribunal on Thursday to quash an order forcing it to sell a business it acquired in 2023, saying it was wrong to find that the merger would threaten competition.
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February 19, 2026
Nordic Property Biz Raises $2.4M For $3.5B Buy
Commercial property company PPI said it has raised approximately 22.5 million Norwegian krone ($2.35 million) in an equity offering to fund the 34 billion krone acquisition of a portfolio of social infrastructure properties.
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February 19, 2026
Hogan Lovells Aids Pacific Life Re's €1.3B ASR Pension Deal
Pacific Life Re has completed a longevity swap of €1.3 billion ($1.5 billion) worth of pension liabilities for Dutch insurer Aegon.
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February 19, 2026
Ashurst Guides Debenhams Brand Owner On £40M Share Sale
Boohoo Group, which trades as Debenhams Group, said on Thursday that it had raised about £40 million ($54 million) in an oversubscribed sale of shares geared toward creating additional liquidity.
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February 19, 2026
Telecoms Biz Liberty To Buy VodafoneZiggo Stake For €1B
Liberty Global has agreed to acquire Vodafone Group PLC's 50% stake in the Dutch telecommunications joint venture VodafoneZiggo for €1 billion ($1.2 billion) in cash and a minority stake in a new West European company.
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February 18, 2026
Telecom Joint Venture To Pay $2.7B For UK Fiber Company
Private equity firm InfraVia Capital Partners and European telecommunications companies Telefónica and Liberty Global will use their Nexfibre joint venture to pay $2.7 billion for Substantial Group, which is the "second-largest alternative fiber provider" in the United Kingdom, the acquiring companies announced Wednesday.
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February 18, 2026
Amaroq Weighs Move To Main Market Of The LSE
Greenland-focused mining company Amaroq said Wednesday that it will cancel its listing in Canada after nearly nine years and upgrade its listing from the junior investment market of the London Stock Exchange to its main market at the same time.
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February 18, 2026
EU Regulator Sees Risk In Simplified Sustainability Rules
A markets watchdog called on lawmakers Wednesday to adjust proposed revisions to European sustainability reporting standards to better protect consumers and stop the risk of greenwashing.
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February 18, 2026
CMS, Gowling Steer £113M Pension Deal For EU Tech Firm
European technology giant Sopra Steria Ltd. has agreed to a £113 million ($154.4 million) buy-in with Pension Insurance Corp. PLC to secure long-term retirement income for its program's 355 members, the insurer said Wednesday.
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February 18, 2026
UK Hotel Biz To Sell NYC Site For $33.5M As It Drops US Plans
Real estate company PPHE said Wednesday that it has agreed to sell a development site in Manhattan for approximately $33.5 million, shelving plans to build its first hotel and condominiums in the U.S.
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February 18, 2026
Oil And Gas Co. Raises £2M, Eyes Licenses In Southeast Asia
Upland Resources Ltd. said Wednesday that it has successfully completed a share sale to raise £2 million ($2.7 million), funds that will help back its licensing ambitions in Southeast Asia.
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February 18, 2026
Taylor Wessing Steers £11M Energy Consultancy Pension Deal
The pension plan for Noble Denton, an adviser to the oil and gas exploration industry, has agreed to a full scheme buy-in worth £11.4 million ($15.5 million), securing the retirement benefits of 106 members, an insurer broker has said.
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February 18, 2026
Energy Biz Shareholders To Vote On Gas Field Deal
Beacon Energy PLC said Wednesday that it has set a date in March for shareholders to vote on its planned acquisition of a stake in a gas field project in Italy.
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February 18, 2026
Sackers, WTW Steer £700M IBM Pension Scheme Buy-In
The U.K. pension plan of a subsidiary of International Business Machines Corp. has completed a £700 million ($950 million) buy-in transaction, securing the retirement benefits of more than 3,600 members, Standard Life said on Wednesday.
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February 17, 2026
Property Biz Eyes German Deals With £77M Capital Raise
Sirius Real Estate Ltd. said Tuesday it will receive £77 million ($104 million) in proceeds from a share offering as it looks to snap up defense-related assets in Germany.
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February 17, 2026
Osborne Clarke, CMS Guide £180M Tech Biz Pension Deal
Pension insurer M&G has taken on £180 million ($243.3 million) in retirement savings liabilities from a scheme sponsored by high technology components manufacturer, in a deal guided by Osborne Clarke and CMS, an adviser on the transaction has said.
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February 17, 2026
Mapping Software Biz To Vote On £87M Takeover Offer
British mapping software business 1Spatial said Tuesday that it has convened its shareholders to vote on a proposed takeover offer of approximately £87.1 million ($117 million) from a portfolio company of U.S. technology investor Battery Ventures.
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February 17, 2026
InterContinental Hotels Group Kicks Off $950M Share Buyback
InterContinental Hotels Group began a share repurchase program on Tuesday to return up to $950 million more to investors as the hospitality giant reported record hotel openings.
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February 17, 2026
Coca-Cola Biz To Return €1B To Shareholders
Coca-Cola Europacific Partners said Tuesday that it will reward investors with a buyback worth up to €1 billion ($1.2 billion) as it seeks to reduce the share capital of the sole licensed bottler of Coca-Cola for the two regions.
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February 17, 2026
Fitch Predicts Rise In European Insurance M&A In 2026
The European insurance market could see a wave of further mergers and acquisitions this year, a ratings agency said Tuesday.
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February 17, 2026
Canadian Co. Wheaton Secures $4.3B Silver Deal With BHP
Wheaton, a Canadian multinational precious metals streaming company, said Tuesday that it has agreed to buy almost one-third of the silver produced in a mine in Peru from a unit of mining giant BHP for an upfront consideration of $4.3 billion.
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February 17, 2026
EU Clears AXA's Buy Of Vodafone, Telefónica Fiber Biz Stake
The European Commission has cleared the acquisition by Axa Investment Managers of a 40% stake in Spanish fiber network operator FiberPass, removing the need for a formal merger filing, Vodafone Spain's owner Zegona said Tuesday.
Expert Analysis
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Opinion
Law School Admissions Shouldn't Hinge On Test Scores
The American Bar Association recently granted law schools some latitude on which tests it can consider in admissions decisions, but its continued emphasis on test scores harms student diversity and is an obstacle to holistic admissions strategies, says Aaron Taylor at AccessLex.
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How Market Challenges Are Affecting Deal-Making Trends
As private equity investors adjust to a new period of volatility and uncertainty in the marketplace, various trends in deal making are emerging in order to bridge valuation gaps and address financing concerns, say Alvaro Membrillera and Anna Pollak at Paul Weiss.
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What Digital Asset Decisions Mean For Future Disputes
Following a number of recent landmark decisions in the English courts, the law continues to develop in the sphere of digital assets, and several themes are emerging that will benefit both individuals and organizations, say Chris Recker at Duane Morris and Celso De Azevedo at The 36 Group.
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A Look At UK's 1st Report On Security Regime For Deals
The U.K. government’s recent report on the National Security and Investment Act, covering its first three months since it came into force in January, suggests that the regime may not be leading to a surge in benign notifications and that the government is responding quickly, which is good news for businesses, say attorneys at Cooley.
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What EU Changes To Dual Distribution Mean For Franchises
Following the European Commission’s adoption of the Vertical Block Exemption Regulation and accompanying vertical guidelines regarding dual distribution, which took effect this month, franchisors should examine their flow of information to and from franchisees to determine whether it must be restricted, say attorneys at Baker McKenzie.
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How ESG Matters Are Influencing M&A Due Diligence Trends
With a proliferation of environmental, social and governance-related regulatory developments and a desire to comply with best practice, ESG matters have become an increasingly important area of focus for both clients and advisers in M&A transactions, say attorneys at Sullivan & Cromwell.
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Changes To UK Competition Rules Will Extend CMA Powers
Recent amendments to U.K. competition and consumer law regimes introduce changes to merger control and antitrust investigations that will result in the speedier resolution of cases and greater autonomy for the Competition and Markets Authority, say Bill Batchelor and Aurora Luoma at Skadden.