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Transactions UK
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August 20, 2025
Eversheds, LCP Guide £700M Pension Deal For Engineer ABB
The British subsidiary of global electrical engineering giant ABB Group has agreed a full-scheme pension program buy-in worth £700 million ($945 million) with Aviva PLC, the insurer said Wednesday.
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August 20, 2025
Medical Products Biz To Return $300M To Investors
Convatec Group PLC said on Wednesday that it has kicked off a share buyback program to return as much as $300 million to investors through repurchasing stock, after the medical products and technology company reported a surge in half-year profits.
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August 19, 2025
Anglo American Seeks Arbitration Over Failed $3.8B Mine Deal
British mining company Anglo American PLC said Tuesday that it will begin arbitration proceedings against Peabody Energy after the U.S. mining company pulled out of a $3.78 billion deal to buy mines in Australia producing steel-making coal.
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August 19, 2025
Athora, Brookfield Deals May Spur UK Pension Risk Appetite
A wave of consolidation among life insurers may mean deeper pockets to meet demand in the pension risk transfer market, a broker said Tuesday.
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August 19, 2025
UK Metals Firm To Exit Tungsten Miner Stake With £13.6M Sale
Power Metal said Tuesday it has agreed to sell its last remaining stake in tungsten explorer Guardian Metal Resources PLC to an investment fund managed by Duquesne Family Office LLC for £13.6 million ($18 million).
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August 19, 2025
Property Investor To Sell Virgin Active Gym Site For £6.75M
Property investor and developer Conygar said Tuesday that it has exchanged contracts to sell a site in central England that houses a Virgin Active gym for £6.75 million ($9.13 million) in cash.
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August 19, 2025
Insurance Giant Gallagher Closes $13B AssuredPartners Buy
Arthur J. Gallagher & Co. has completed its $13.5 billion acquisition of independent rival AssuredPartners Inc. as the global insurance brokerage seeks to benefit from strengthening its niche industry expertise and growing its U.K. and Ireland operations.
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August 19, 2025
Georgian Biz Kicks Off $50M Buyback To Reward Investors
Investment business Georgia Capital PLC launched a $50 million buyback on Tuesday to reduce its share capital and return 700 million Georgian lari ($260 million) to investors.
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August 18, 2025
5 Firms Guide Soho House $2.7B Take-Private Deal With MCR
Soho House & Co. Inc. announced Monday that it has inked a take-private deal with hotel operator MCR that values the company at $2.7 billion.
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August 18, 2025
Gold Trader Can't Sue Administrators Over Hostile Takeover
A London court on Monday struck out a gold trading app's claim against its former administrators in which it alleged they were wrongly appointed as part of a failed hostile takeover bid, rather than to legitimately repay debt.
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August 18, 2025
Property Group Arora Buys Justice Ministry Offices For £245M
Arora Group said Monday it has acquired the central London offices used by the Ministry of Justice from Land Securities Group PLC for £245 million ($332 million) in cash, as the west London-based real estate group eyes developing the site for new tenants.
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August 18, 2025
Companies Told To Prepare For New Fraud Prevention Law
Large organizations must gear up for the new "failure to prevent fraud" offense that will come into force in a fortnight or prepare for an investigation, the Serious Fraud Office warned Monday.
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August 18, 2025
Investor Sells 7 Assets To Dutch Pension Biz APG For £225M
Infrastructure Investment company HICL said Monday that it has offloaded a portfolio of mostly healthcare properties in the U.K. for approximately £225 million ($305 million) to Dutch pension services giant APG.
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August 18, 2025
L&G, Federated Hermes Create £4.7B Property Fund
Legal & General said on Monday that it has merged its property fund with that of U.S. investment manager Federated Hermes Ltd. to create an enlarged U.K. unit valued at £4.7 billion ($6.4 billion).
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August 18, 2025
Eversheds, Fieldfisher Guide Brother's £56M Pension Deal
The European arm of global electronics giant Brother Industries Ltd. has agreed to a £56 million ($76 million) full pension program buy-in with Just Group PLC, the financial services company said on Monday.
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August 18, 2025
Plus500 Begins Program To Return $165 Million To Investors
Plus500 began a share repurchase program worth up to $90 million on Monday, part of the financial technology company's recently announced plan to return $165 million to shareholders.
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August 15, 2025
Kirkland Guides Latest Purchase For PE-Backed Pet Food Co.
Kirkland & Ellis LLP is advising Inspired Pet Nutrition on another pet food acquisition as the U.K.-based company enters exclusive negotiations to purchase Ultra Premium Direct, a French online pet food retailer, from private equity firm Eurazeo.
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August 15, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Transport for London hit with a procurement claim by the operator of Oyster card, while Mastercard and Visa face claims from the Rocco Forte Hotel Group, and Liverpool Football Club lobbed a claim against a security company.
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August 15, 2025
Slowest First Half Of Year Since 2021 For Insurance M&A
Mergers and acquisitions between insurance companies in Britain slowed significantly across the first six months of 2025 after a busy 2024, the slowest first half of a year since 2021, according to a company that keeps track of insurance deals.
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August 15, 2025
Ombudsman Proposes Lower Fees For Faster Resolutions
The Financial Ombudsman Service has proposed a change to its fee structure to enable businesses to pay less if complaints are resolved early, part of its wider transformation.
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August 22, 2025
Proskauer Hires Leveraged Finance Pro From White & Case
Proskauer Rose LLP has boosted its ability to represent clients in leveraged finance transactions by hiring an expert from White & Case in London.
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August 15, 2025
Patent Law Firm Beck Greener Buys UK Rival Graham Watt
U.K. intellectual property legal specialist Beck Greener LLP has acquired rival specialist Graham Watt & Co. LLP in order to expand its business.
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August 15, 2025
A&O Shearman, Macfarlanes-Led AB Foods To Buy Hovis
Associated British Foods PLC said Friday it has agreed to acquire British bread company Hovis Group Ltd. to create cost efficiencies and diversify its product portfolio.
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August 15, 2025
L&G Sees Near £1T Pension Deals Globally Over Next Decade
Legal & General has said global insurers could secure up to £1 trillion ($1.4 trillion) in pension liabilities over the next decade.
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August 15, 2025
PIB Group Adds Benefits Consultancy Atwood To Acquisitions
Insurance consolidator PIB Group has acquired Atwood Benefits, adding to a string of acquisitions by the private equity-backed business in recent months.
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.