Transactions UK

  • May 20, 2025

    AstraZeneca Completes $1B EsoBiotec Purchase

    AstraZeneca PLC said Tuesday it has completed its acquisition of EsoBiotec SA, a Belgian biotechnology firm, for up to $1 billion as the pharmaceutical giant seeks to bolster its cancer treatment platform.

  • May 19, 2025

    Ex-Allen & Overy Chiefs Set Up Shop To Match PE, Law Firms

    Two former Allen & Overy LLP senior partners have teamed up to launch a consultancy to advise private equity investors and family offices on investing in law firms in England and Wales and beyond.

  • May 19, 2025

    Construction Co. Owes £27K To Worker Dismissed In Transfer

    An employment tribunal has ordered Altrad Babcock Ltd. to pay £27,446 ($36,772) to an employee over a botched redeployment effort following an instance of "potential sexual harassment."

  • May 19, 2025

    L&G Buys 75% Of US Property Investor Proprium Capital

    Legal & General said Monday that it has acquired a 75% stake in Proprium Capital Partners, a real estate private equity firm, to accelerate its growth and expand its geographic footprint in the European and Asian property sector.

  • May 19, 2025

    BNP Paribas Launches €1B Share Buyback

    BNP Paribas began a share repurchase program worth up to €1.084 billion ($1.2 billion) on Monday, a move expected to lower the French banking giant's outstanding share capital.

  • May 19, 2025

    Latham-Led Cobalt Buyer Confirms $230M IPO In London

    Cobalt Holdings PLC confirmed on Monday that it will make an initial public offering in London backed by two major investors, in what could be the largest listing on the U.K. stock exchange so far this year.

  • May 19, 2025

    Dutch Investor Launches €4.1B Offer For Just Eat Takeaway

    Dutch investment group Prosus said Monday that it has launched a formal offer to acquire Just Eat Takeaway.com in a €4.1 billion ($4.6 billion) take-private deal to "build a Europe-based food delivery champion" after they reached a conditional agreement in February.

  • May 19, 2025

    Gaming Biz XLMedia Proposes Cancelation Of AIM Admission

    XLMedia PLC proposed canceling its admission to trade its shares on London's Alternative Investment Market on Monday after selling its assets and returning cash to investors before liquidation.

  • May 19, 2025

    KKR, Stonepeak Take Swipe At PHP's Rival Bid For Assura

    U.S. private equity firms KKR and Stonepeak urged shareholders in property manager Assura on Monday to back their £1.6 billion ($2.1 billion) takeover offer, saying that a rival £1.7 billion bid could be financially risky and harmful.

  • May 19, 2025

    Fintech Firm IForex Plans London IPO To Fund Expansion

    IForex Financial Trading Holdings Ltd. confirmed on Monday that it will launch an initial public offering on the London Stock Exchange to help fund its expansion into new and existing markets.

  • May 16, 2025

    PHP Ups Takeover Offer For Assura To £1.7B

    Real estate investment manager Primary Health Properties PLC on Friday announced an increased proposal to acquire property manager Assura in a cash and stock deal valued at approximately £1.7 billion ($2.25 billion).

  • May 16, 2025

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

    This past week in London has seen Linklaters and EY face negligence claims from a fintech investment firm, property developer Sir John Ritblat bring legal action against a Guernsey-registered company, and fresh equal pay litigation filed against Morrisons and Safeways. Here, Law360 looks at these and other new claims in the U.K.

  • May 16, 2025

    BCLP-Led KKR Funds Student Asset Near Warwick University

    Private equity giant KKR said Friday that it has agreed to fund the development of a purpose-built student accommodation near the University of Warwick in middle England in a deal guided by Bryan Cave Leighton Paisner LLP, Gunnercooke LLP and Shoosmiths LLP.

  • May 16, 2025

    UK Biotech Biz Issues Shares To Fund £5M Canadian Buy

    Biotech company Solvonis said Friday that it has issued more than 1.5 billion of its shares to raise part of the approximately £5 million ($6.6 million) needed for the acquisition of Canadian rival Awakn Life Sciences Corp.

  • May 16, 2025

    Shell Affiliate Sells Trinidad Assets To Touchstone For $28M

    An affiliate of oil giant Shell has offloaded its assets in Trinidad in a $28.4 million deal with Touchstone Exploration Inc., the Canadian energy business said Friday, to add at least four active natural gas wells to expand its portfolio on the island.    

  • May 16, 2025

    EU 'Champions' Ambitions Could Cause Antitrust Friction

    Plans by the European Commission to amend merger guidance to help create "European champions" that could compete with technology and industrial heavyweights in the U.S. and China might cause tension among member state authorities hoping to protect antitrust ideals.

  • May 16, 2025

    Investor Pulls De La Rue Bid Amid Competing Offer

    Two investors, Pension SuperFund and Disruptive Capital, have pulled their bid of approximately £260 million for De La Rue after the banknotes maker backed a rival £263 million offer from U.S. investment firm Atlas Holdings LLC.

  • May 16, 2025

    US Auto Parts Maker Eyes London Listing After £1.2B UK Deal

    American Axle said Friday that it is planning a secondary listing in the U.K. after it takes over automotive group Dowlais, which trades in London, in a £1.16 billion ($1.5 billion) deal, appeasing shareholders across the Atlantic.

  • May 22, 2025

    Freeths Hires Pensions Specialist From Simmons & Simmons

    Freeths has hired James Dean, a pensions specialist from Simmons & Simmons LLP, to lead the growth and development of the firm's national pensions practice.

  • May 15, 2025

    Vinge-Led Swedish Wine Group To Buy Dutch Rival For €57M

    Viva Wine Group AB said Thursday that it has agreed to acquire Dutch wine distributor Delta Wines from venture capital firm Navitas Capital for approximately €57 million ($64 million) to expand its footprint in Europe.

  • May 15, 2025

    Gov't To Allow Foreign States To Own 15% Of UK Newspapers

    The government said on Thursday that it plans to loosen the rules on state ownership of British newspapers in a move to allow media outlets to draw in investment from sovereign wealth and pension funds.

  • May 15, 2025

    Software Biz Sage Group To Extend Share Buyback By £200M

    Sage Group PLC said Thursday it will extend its current stock repurchase program worth up to £400 million ($530 million) by buying more shares worth a maximum of £200 million as the accounting software business drives its growth strategy forward.

  • May 15, 2025

    Building Materials Biz Wins Irish Clearance For €32M Deal

    Ireland's antitrust regulator has given the green light for Grafton Group PLC's €31.6 million ($35.4 million) acquisition of the Irish arm of HSS Hire Group PLC, the British tool and equipment hire company said Thursday.

  • May 15, 2025

    Brabners Guides Telecoms Biz In £63M Pension Deal

    Telecommunications company CommScope has offloaded £63 million ($8 million) of its U.K. pension liabilities to insurer Aviva PLC, advisers have said, in a deal guided by Brabners.

  • May 15, 2025

    Greencore Set To Devour UK Meal Maker Bakkavor For £1.2B

    Irish sandwich maker Greencore said Thursday that it will gobble up ready-to-eat meals producer Bakkavor Group PLC in a cash and share takeover worth approximately £1.2 billion ($1.6 billion) to create a U.K. convenience food giant.

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