Transactions UK

  • June 25, 2026

    EasyJet Rebuffs £4.9B Castlelake Bid, Open To Higher Offer

    The board of easyJet said Thursday that it has batted away a fourth approach from Castlelake LP for "substantially undervaluing" the budget airline at £4.9 billion ($6.5 billion), but said that it is open to "a more attractive proposal."

  • June 24, 2026

    Hipgnosis Founder Beats Music Catalog Investment Idea Row

    Elton John and Beyoncé's former manager has beaten a multimillion-pound claim accusing him of improperly diverting a music catalog investment opportunity for his own benefit, with a London judge ruling he was entitled to pursue the idea behind the Hipgnosis music investment fund. 

  • June 24, 2026

    UK Gov't Plans 22% Charge On Stock Interest Held In ISAs

    The Labour government is planning a 22% charge on interest gained on stocks and shares in individual savings accounts as part of overhauling rules for these tax-free saving options widely used to save for buying homes, Britain's tax authority said.

  • June 24, 2026

    Pinsent Masons-Led Energy Biz Ratio To Buy Rival For £116M

    Energy company Ratio Petroleum Energy LP has agreed to acquire oil and gas producer Pharos Energy PLC in an all-cash deal valued at £115.7 million ($152.1 million), the companies said on Wednesday.

  • June 24, 2026

    Insurance Bodies Promise Fix For Delayed Surveyor Payments

    A group of insurance trade bodies said Wednesday that they will provide a fix for long-standing delays in paying risk assessors, amid fears that independent experts could abandon the market.

  • June 24, 2026

    London Biotech Biz To Buy Cancer-Focused US Co. For £17M

    Thalia Therapeutics said Wednesday that it has agreed to acquire Sanmirna Therapeutics, which specializes in cancer treatments, for up to approximately £16.7 million ($22 million), a move that would transform the British biotech firm into a clinical-stage therapeutics development company.

  • June 24, 2026

    PayPoint Completes Acquisition Of Credit Reference Agency

    PayPoint PLC said Wednesday that it has completed its acquisition of AperiData following an earlier £1 million ($1.3 million) investment in the credit reference agency and open banking platform.

  • June 24, 2026

    Finance Body Calls For More Regulatory Equivalence With EU

    UK Finance has called for greater regulatory equivalence as part of a stronger financial services partnership between the U.K. and European Union ahead of their annual leaders' summit in Brussels on July 22.

  • June 24, 2026

    UK REIT Segro Rejects £12.6B Bid By Linklaters-Led Prologis

    Real estate investment trust Segro said Wednesday that it has rebuffed an unsolicited £12.6 billion ($16.6 billion) bid from Prologis, saying the approach was "opportunistically timed" as the U.S. company seeks access to the U.K. rival's data center business.

  • June 23, 2026

    Metlen Launches €600M Buyback Running Through 2031

    Metlen Energy & Metals PLC said Tuesday that it will return up to €600 million ($683 million) to its shareholders in its latest share buyback program over the next five years.

  • June 23, 2026

    IP Group Rejects £615.8M Bid From Railway Pension Trustee

    IP Group PLC said Tuesday that it has rejected a takeover approach worth approximately £615.8 million ($814 million) from the trustee of a U.K. retirement savings plan for railway staff.

  • June 23, 2026

    Taylor Maritime To Sell 2 Ships, Return $45M To Shareholders

    Taylor Maritime Ltd. said Tuesday it plans to return at least $45 million to shareholders in July after the commercial shipping company agreed to sell two further assets as part of its managed wind-down.

  • June 23, 2026

    Hill Dickinson Advises Gold Explorer Talon On Move To AIM

    Talon Resources PLC said Tuesday that it has started to trade on London's junior Alternative Investment Market, marking its transition from a main-market cash shell to a North American gold exploration company.

  • June 23, 2026

    Gowling, Alston & Bird Lead FirstCash On £206M Rival Buy

    U.S. pawnshop operator FirstCash will buy Ramsdens for £206 million ($272 million) in a cash deal that will pull its U.K. rival from London's junior market, the companies said Tuesday.

  • June 22, 2026

    Developer Loses Appeal Over £33.5M Loan Tax Deduction

    A property development company isn't entitled to £33.5 million ($44.7 million) in tax relief claimed on payments made to a lender because there wasn't a strong enough causal link between the payments and its borrowing arrangements, a London tribunal ruled Monday.

  • June 22, 2026

    Food Co. Buyer Says Ex-Directors Hid Hygiene Lapses

    A food investment company has sued the former directors of a garlic spread and bread manufacturer in London, alleging they fraudulently misrepresented the company's compliance with food safety laws before its sale while concealing practices such as using moldy cloves in production and storing bread outdoors.

  • June 22, 2026

    3 Firms Advise On CRH's $8.5B Arcosa Acquisition Deal

    Building materials supplier CRH said Monday that it will acquire infrastructure products maker Arcosa in an all-cash deal valued at about $8.5 billion, with three law firms advising.

  • June 22, 2026

    Actimel Owner To Acquire Australia's Made Group

    Actimel owner Danone SA said Monday that it has agreed to acquire Made Group, an Australian maker of health drinks, and to buy full ownership of a fresh dairy joint venture in a bid to expand into the high-protein market in the Asia-Pacific region.

  • June 22, 2026

    Southern Water To Be Given £300M Cash Injection

    Southern Water said Monday that it has secured a £300 million ($398 million) investment from a consortium of infrastructure investors as part of a bigger £1.2 billion input from asset management giant Macquarie Asset Management.

  • June 22, 2026

    Tech Co. BATM To Sell Non-Core Units For $37M

    BATM on Monday said it has agreed to sell three peripheral business operations and a large shareholding for a combined total of $36.6 million, looking to accelerate its focus on networking, encryption and cybersecurity.

  • June 22, 2026

    Lithium Miner Technology Minerals Gets £2.1M Cash Boost

    Technology Minerals said Monday it has conditionally raised £2.085 million ($2.8 million) through a placing and subscriptions in order to strengthen domestic resource security and support its battery metals exploration and recycling activities.

  • June 22, 2026

    Treasury Updates High-Risk Money Laundering Countries List

    The Treasury has updated its list of countries at high risk for money laundering and terrorist financing, telling companies to enhance due diligence for transactions involving Iraq and Bosnia and Herzegovina while removing Algeria and Namibia from the list.

  • June 22, 2026

    Car Fleet Biz To Buy UK Lender's Vehicle Hire Unit For £86M

    U.K. car hire company NRG said Monday that it has agreed to acquire Paragon Banking Group's specialist vehicle and fleet subsidiary for £85.6 million ($113.3 million) as it seeks to expand the business.

  • June 22, 2026

    EasyJet Board Rejects Castlelake's 'On The Cheap' £4.74B Bid

    The board of budget airline easyJet said Monday that it has rejected a "highly opportunistic" £4.74 billion ($6.3 billion) cash bid from alternative investment firm Castlelake after it had already batted away two earlier proposals.

  • June 22, 2026

    Starmer's Resignation Opens Way For Burnham's PM Bid

    Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.

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