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Transactions UK
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June 06, 2025
Kirkland Steers Consumer Trends Biz Acquisition Deal
WGSN said it has bought data and insights company IWSR from Bowmark Capital, which the consumer trends forecasting business expects will expand the services it can offer.
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June 06, 2025
CMS-Led Auto Dealer Tech Biz To Buy JV Stake For $76.5M
Pinewood Technologies said Friday that it has agreed to buy the 51% stake of car dealership Lithia in their U.S. joint venture for $76.5 million as it aims to accelerate the adoption of its auto retailer software in America and Canada.
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June 06, 2025
Birketts Leads Science Biz Investor SDI On £4.75M Acquisition
SDI Group PLC, an investor in science-based companies, said on Friday that it has acquired Severn Thermal Solutions Ltd. for a net consideration of £4.75 million ($6.4 million).
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June 06, 2025
EY Law Steers AIB On Sale Of 49.9% Stake In Payments Biz
Financial services giant AIB Group PLC revealed on Friday it has signed an agreement to sell its 49.9% holding in its payment systems business to Fiserv, Inc., a global fintech company based in the U.S.
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June 06, 2025
Macquarie Completes £700M Takeover Of Dutch Waste Biz
Australian financial services giant Macquarie Group has completed its takeover of Dutch waste management business Renewi PLC in a deal worth approximately £700 million ($949 million), the companies said on Friday.
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June 05, 2025
Elon Musk Seeks $5B For AI Startup, Amid Other Reports
Elon Musk is planning a $5 billion debt sale for his AI startup, Ontario’s pension seeks final bids for an Indian hospital system, and Merck eyes a Swiss biotech with a potential $3 billion price tag. Here's a rundown of these and other notable deal rumors from the last week.
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June 05, 2025
Unite Students In £212M Sale Of 9 UK Properties To Lone Star
Student accommodation developer Unite Students said Thursday that it has agreed to sell nine properties in the U.K. for £212 million ($288 million) to an affiliate of Texas private equity shop Lone Star Funds.
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June 05, 2025
Linklaters-Led Mitie Bids £366M For Compliance Biz Marlowe
Facilities service provider Mitie said Thursday it has agreed to acquire Marlowe, a regulatory compliance firm, in a cash-and-stock deal worth approximately £366 million ($497 million).
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June 05, 2025
Cooley-Led Fintech Biz Weighs Switching Main Listing To US
Payments company Wise PLC said on Thursday it is planning to move its main listing from London to the U.S., becoming the latest British company to shift its main funding focus across the Atlantic.
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June 05, 2025
Miner Jubilee Metals To Sell South Africa Ops For $90M
Jubilee Metals Group PLC, a U.K. mining company, said Thursday it has been handed a conditional binding offer by a rival for most of its chrome and platinum group operations in South Africa, in a deal worth up to $90 million.
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June 05, 2025
Court Sanctions Miami's £70M Bid For European Exchanges
A court in Jersey has given its nod to the owner of the Bermuda Stock Exchange for the takeover of The International Stock Exchange Group in a deal worth approximately £70.4 million ($96 million), the companies said Thursday.
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June 05, 2025
Web Design Biz Raises £13.4M Through Shares Sale
A web design and online marketing services business said Thursday that it has successfully raised approximately £13.4 million ($18.2 million) by issuing stock amid a high level of demand from new and existing shareholders.
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June 05, 2025
Cobalt Scraps IPO Plans In Latest Blow To London Exchange
Metals investor Cobalt Holdings PLC has said that it will not go ahead with its $230 million flotation — a blow to the London market, which is attempting to maintain its allure amid volatility caused by U.S. tariffs.
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June 04, 2025
VTB Bank Unit Beats 'Thinnest Possible' Corporate Raid Case
A British unit of Russian state-owned VTB Bank has beaten claims in a London court that it was part of a Kremlin-approved corporate raid, with a judge ruling that a steel businessman's evidence against the lender was "the thinnest possible gruel."
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June 04, 2025
Belgian Infrastructure Investor TINC Looks To Raise €113M
TINC NV said Wednesday that it is looking to raise approximately €113 million ($129 million) in equity to boost its investment capacity as the Belgian infrastructure investment company looks to double the size of its portfolio by 2030.
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June 04, 2025
Warehouse REIT Backs Blackstone's Lower £470M Bid
Warehouse REIT said Wednesday that it has backed a revised £470 million ($638 million) cash offer from U.S. private equity giant Blackstone despite a row over the valuation of the London-listed investor's property portfolio.
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June 11, 2025
King & Spalding Hires Structured Finance Pro From Latham
King & Spalding LLP has added a lending and securitization expert as a partner to its finance and restructuring practice group, as the firm looks to boost the strength of its London transactions team.
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June 04, 2025
Deadline Extended For Consortium Eyeing Staffing Biz Buy
A consortium considering an offer for recruitment company Empresaria has been given an extra month to firmly say whether it will make a bid, the staffing business said on Wednesday.
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June 04, 2025
Carrefour Sells 7% Stake In Partner Carmila For €171M
French multinational retail giant Carrefour Group SA said Wednesday that it has sold 7% of shares in its partner company Carmila for approximately €171 million ($194.8 million) as part of its ongoing strategic review.
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June 04, 2025
4Global To Quit AIM, Cites Costs And Fundraising Challenges
Data and technology business 4Global PLC said Wednesday it intends to quit the junior Alternative Investment Market of the London Stock Exchange, saying that raising funds and the "high" cost of listing posed a challenge.
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June 04, 2025
GSK Begins $450M 2nd Round Of Share-Buyback Program
GSK launched a share repurchasing program worth up to £450 million ($609 million) on Wednesday, part of the pharmaceutical company's ongoing plan to return excess cash to its shareholders.
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June 04, 2025
Sports Nutrition Biz Glanbia Kicks Off €50M Share Buyback
Glanbia PLC launched a share buyback program worth up to €50 million ($57 million), as the nutrition products business looks to downsize its outstanding share capital.
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June 03, 2025
Stibbe, A&O Shearman Guide $13.8B Healthcare REIT Merger
Belgian real estate investment trusts Aedifica NV and Cofinimmo NV said Tuesday they have agreed to merge, forming what they said will be Europe's largest healthcare real estate investment trust, with a combined gross asset value of approximately €12.1 billion ($13.8 billion).
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June 03, 2025
Herbert Smith Partner Seconded To Takeover Panel
The U.K.'s Takeover Panel has appointed a corporate partner from Herbert Smith Freehills LLP to serve as its secretary starting in September.
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June 03, 2025
Media Biz Founder Sues BC Partners Unit Over €200M Bonus
A business controlled by the founder of United Group BV has accused the private equity-owned holding company of the telecommunications firm of refusing to pay a €200 million ($228 million) bonus allegedly due on the €1.5 billion sale of two subsidiaries.
Expert Analysis
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Agreement Among Litigants Key To Using E-Discovery Tech
Parties are increasingly using e-discovery technologies to control costs, but as a New York federal court order in Actos Antitrust Litigation shows, a well-drafted, negotiated protocol allows them to address potential objections prior to use and helps protect against later claims of incomplete production, say attorneys at McGuireWoods.
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4 Ways M&A Deals Are Changing
There are signs that the market may be cooling, but recent trends in M&A transactions reflect more than just market strength and indicate that there has been a more general change in deal approach, say attorneys at DLA Piper.
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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.