Transactions UK

May 07, 2025
White & Case Hires Back PE Pro From Kirkland In London

White & Case LLP announced Wednesday the return of a corporate partner at Kirkland & Ellis LLP to boost its cross-border private equity offering to deal with the increase in transactions it expects to continue through the year.
April 30, 2025
Lender Says Company Owner Gifted Biz To Son To Evade Debt

A finance provider has sued a businessman for allegedly gifting a company to his son the day after the lender had demanded payment of more than £4.7 million ($6.3 million) under a loan guarantee.
April 30, 2025
Media Production Equipment Firm Completes £8M Fundraising

Videndum PLC said Wednesday that it has successfully raised approximately £8 million ($10.6 million) through selling shares as the provider of video transmission systems and camera supports reported a drop in revenue.
April 30, 2025
Novartis Buying Regulus In Up To $1.7B Kidney Drug Deal

Covington & Burling LLP-advised Novartis AG said Wednesday it has agreed to acquire Latham & Watkins LLP-guided Regulus Therapeutics Inc. for up to $1.7 billion in a deal that strengthens the Swiss pharmaceutical giant's kidney disease portfolio with a promising RNA-based therapy.
April 30, 2025
Tycoon's £3.6B Royal Mail Takeover Wins Stamp Of Approval

Shareholders in the Royal Mail's parent company have given the green light to the proposed £3.6 billion ($4.8 billion) takeover by a conglomerate controlled by Czech billionaire Daniel Křetínský, the companies said late Wednesday.
April 30, 2025
Inspired PLC Investors Line Up To Rebuff £109M Regent Offer

Energy and sustainability adviser Inspired PLC said Wednesday that its shareholders are rallying against a £109 million ($146 million) takeover bid from gas and metering services business Regent International Holdings Ltd.
April 30, 2025
HSF Leads Weir In £624M Acquisition Of Mine Tech Biz

Weir Group said Wednesday it has finalized its acquisition of Mining Software Holdings Pty Ltd., known as Micromine, for an enterprise value of £624 million ($834 million) to improve the performance of its digital technology, in a deal led by Herbert Smith Freehills.
April 30, 2025
Portuguese Energy Biz Floats In London After SPAC Deal

Technologies New Energy SA said Wednesday that it has started to trade on the London stock market after the Portuguese clean energy company completed a £28 million ($37 million) takeover by blank-check business Codex Acquisitions.
May 06, 2025
Linklaters Hires Arbitration Pro From A&O Shearman

Linklaters LLP has snapped up an international arbitration expert from A&O Shearman to serve as its new head of public international law in London, the latest partner to exit the law firm in the city since its merger.
April 29, 2025
Stonepeak Buying Stake In Spain's Repsol For $340M

Vinson & Elkins LLP-advised Stonepeak has agreed to purchase a 46.3% stake in Latham & Watkins LLP-advised Repsol's 777-megawatt solar and storage portfolio in the U.S. for $340 million, according to a Tuesday announcement.
April 29, 2025
US Biotech Firm To Quit London Listing After IP Deal

Biotechnology company LungLife said Tuesday that it has convened a shareholder meeting to approve plans to delist from the Alternative Investment Market of the London Stock Exchange after it reached a deal to sell its intellectual property assets.
April 29, 2025
Burness Paull Guides £7.5M Pension Deal For Fuel Biz

Aviva PLC has bought out £7.5 million ($10 million) of the pension arrangement liabilities of Gleaner Ltd., advisers said Tuesday, in a deal steered by law firm Burness Paull LLP.
April 29, 2025
BP Announces $750M Share Buyback Despite Profit Fall

BP PLC said Tuesday it will launch a share repurchase program worth up to $750 million, as the energy giant prepares to return excess cash to its shareholders, despite weaker gas trading and refining affecting profit.
April 29, 2025
Ex-Russells Partner Denies Role In Alleged Share Sale Plot

Russells Solicitors and a former partner have denied being part of an alleged plot to hide plans for a $40 million takeover of a celebrity intellectual property licensing company to get a former director to sell his shares cheaply.
April 29, 2025
HSBC Banks On $3B Buyback After Strong Figures

HSBC Holdings PLC said Tuesday that it will buy back $3 billion of its shares after the British banking giant reported strong results for the first quarter 2025.
April 29, 2025
Travel Group Jet2 Gets £250M Share Buyback Off The Ground

Jet2 PLC began a share repurchase program worth up to £125 million ($168 million) on Tuesday, the first part of the leisure group's wider £250 million buyback plan aimed at lowering its outstanding share capital.
April 29, 2025
Bakkavor Completes China Exit, Eyes Greencore Acquisition

Supermarket supplier Bakkavor Group PLC said Tuesday that it will quit the Chinese market after it agreed to sell its remaining company in the country for 500 million Chinese yuan ($69 million), as it weighs a takeover by rival Greencore.
April 28, 2025
Hogan Lovells Leads Royal London's College Pension Buy-In

The College of Law's retirement scheme has agreed to an £85 million ($114 million) buy-in with Royal London, the U.K.'s largest mutual life, pensions and investment company announced Monday.
April 28, 2025
Compliance Firm Marlowe Unveils £15M Buyback, Acquisition

Marlowe PLC, the testing, inspection and certification services business, on Monday announced an additional £15 million ($20 million) share repurchase program, as it unveiled its acquisition of waste management services business Sludge Tek.
April 28, 2025
Alpine Ski Resort Biz Buys 33% Of Terresens For €6.9M

French ski resorts operator Compagnie des Alpes said Monday that it has acquired a one-third equity stake in hospitality company Terrésens for €6.9 million ($7.8 million), with an aim to increase its holding to 80% in three to four years.
April 28, 2025
Airbus To Acquire Assets Of Aircraft Parts Maker For $439M

Airbus SE said Monday that it has finalized a deal for the global components operations of Spirit AeroSystems as part of a $4.7 billion takeover of the parts maker by aircraft manufacturing giant Boeing.
April 28, 2025
Sullivan & Cromwell-Led Merck To Buy SpringWorks For $3.9B

Merck KGaA said Monday it has agreed to acquire U.S. biotech company SpringWorks Therapeutics for $3.9 billion, as the German science and technology group aims to grow its cancer drug business and its global presence.
April 28, 2025
Italy's Mediobanca Offers €6.3B For Rival Banca Generali

Italian investment bank Mediobanca SpA said Monday that it plans to buy a domestic rival, Banca Generali SpA, for €6.3 billion ($7.1 billion), heating up consolidation in the country's banking sector.
April 25, 2025
EU Probing Universal Music's $775M Deal For Downtown

European enforcers are reviewing a planned deal for Universal Music Group to buy Downtown Music Holdings for $775 million, after receiving a referral from competition authorities in Austria and the Netherlands.
April 25, 2025
DoorDash Woos Deliveroo With $3.6B Acquisition Bid

Deliveroo's board confirmed Friday that it received an indicative proposal from DoorDash Inc. for a potential cash offer to acquire the business at a price of 180 pence per share, while indicating that its board could recommend a deal to shareholders.

Expert Analysis

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.
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.