Try our Advanced Search for more refined results
Transactions UK
-
April 24, 2025
Walker Morris Steers £28M Pension Deal For Metals Trader
A U.K. stainless steel and alloy metal trader's pension plan has agreed a £28 million ($37.3 million) buy-in with Just Group, the financial services firm said Thursday, securing the benefits of almost 100 deferred members and about 80 retirees.
-
April 23, 2025
BT Sells Rest Of Italian Telecoms Biz To Local B2B Service
Retelit SpA said Wednesday that it has agreed to acquire British Telecom's remaining stake in BT Italia SpA to boost its capacity and meet growing demand.
-
April 23, 2025
Insurance Group JMG Buys 3 UK Brokers To Boost Presence
Insurance Group JMG Group said Wednesday that it has acquired three British brokers to integrate them with three of its own subsidiaries in a bid to strengthen its presence in the country.
-
April 23, 2025
Argentex Weighs Sale To Rival IFX Amid Liquidity Crisis
Foreign exchange service provider Argentex Group PLC said Wednesday that it had entered into "advanced discussions" about a potential acquisition by U.K. rival IFX Payments.
-
April 23, 2025
THG Rejects £600M Approach From Selkirk For Myprotein
THG PLC, owner of the Myprotein bodybuilding supplement brand, said Wednesday that it rejected an "unsolicited, largely unfunded, highly conditional and non-binding proposal" of up to £600 million ($797 million) from London-listed shell Selkirk Group PLC to acquire Myprotein.
-
April 23, 2025
SME Loans Firm To Launch New £25M Share Buyback
Funding Circle Holdings PLC said Wednesday it will launch a new share repurchase program of up to £25 million (£33 million) after the provider of loans to small and midsized companies recently reported a rise in revenue.
-
April 23, 2025
Swiss Drug Developer Veraxa To List In US In $1.6B SPAC Deal
Swiss life sciences investor Xlife Sciences said Wednesday that its portfolio company, Veraxa Biotech, will merge with blank-check business Voyager Acquisition Corp. in a $1.64 billion deal to list on Nasdaq.
-
April 23, 2025
Stakeholders Sell £21M Of Shares In Gold Miner Serabi
Two stakeholders in Serabi Gold PLC have sold a total of 20.7% of the U.K. company's share capital to institutional investors, the miner of precious metals said on Wednesday.
-
April 22, 2025
Sidley Steers Admiral's Sale Of US Insurance Biz
Admiral Group PLC said Tuesday it has agreed to sell its U.S. motor insurance business to private investment firm J.C. Flowers & Co. for an undisclosed cash amount.
-
April 29, 2025
Sidley Adds Former Latham Capital Markets Pro In London
Sidley Austin LLP has hired an experienced debt and equity capital markets heavyweight as a partner in its London practice, as the U.S. law firm continues to strengthen its European presence.
-
April 22, 2025
Generali Launches Secondaries Fund With Partners Group
Italian asset management group Generali Investments said Tuesday that it has launched a new investment fund in partnership with Swiss-based global private equity firm Partners Group AG.
-
April 22, 2025
Simmons & Simmons Guides Regent's £109M Bid For Inspired
Gas and metering services business Regent said Tuesday that it is looking to buy London-listed Inspired PLC for £109.35 million ($146.4 million) in cash, in an attempt to help reduce debt at the energy and sustainability adviser.
-
April 22, 2025
Simpson Thacher-Led KKR Bids $1.2B For Sweden's Biotage
Private equity giant KKR said Tuesday that it has agreed to acquire Swedish life sciences company Biotage AB in an approximately 11.6 billion Swedish krona ($1.2 billion) deal guided by Roschier Advokatbyrå AB, Simpson Thacher & Bartlett LLP and Advokatfirman Vinge.
-
April 22, 2025
Fieldfisher Steers Swedish Investor's UK Monitoring Biz Buy
Vestum AB said Tuesday it has completed the acquisition of Nortech Management Holdings Ltd., a U.K. maker of water and electrical monitors, as the Swedish infrastructure investor adds an existing supplier to its civilian engineering portfolio.
-
April 22, 2025
Milbank, Paul Weiss, Chiomenti Steer PE Group's £1B Buy
Investindustrial Advisors Ltd. said on Tuesday that one of its divisions has agreed to acquire the healthcare unit of Irish sales and marketing giant DCC PLC for up to £1.05 billion ($1.4 billion), as the private equity group seeks to exploit socio-demographic trends.
-
April 22, 2025
Helvetia, Baloise Merge To Form 2nd-Largest Swiss Insurer
Swiss insurers Helvetia and Baloise said on Tuesday that they plan to merge in a move to create the second-largest insurance group in Switzerland, taking approximately 20% of the domestic market.
-
April 18, 2025
Taxation With Representation: Davis Polk, Simpson Thacher
In this week's Taxation With Representation, Global Payments Inc. buys Worldpay from GTCR and FIS, Intel Corp. sells a stake in its Altera business to Silver Lake, KKR acquires OSTTRA from S&P Global and CME Group, and Canada's Capital Power Corp. nabs two U.S. natural gas power plants.
-
April 17, 2025
OpenAI Eyes Windsurf, Activist Targets HP, And More Rumors
OpenAI is preparing to bid about $3 billion to acquire coding developer Windsurf, activist fund Elliot Investment Management has purchased a major stake in Hewlett Packard with an eye toward pushing changes at the information technology giant, and private equity giant KKR is considering selling Atlantic Aviation for $10 billion.
-
April 17, 2025
Mubadala Joins $14.5B Education JV With $600M Investment
Mubadala Investment Co. said Thursday it will acquire a minority stake in Nord Anglia Education for $600 million, joining an EQT-led consortium that purchased the international schools organization in a $14.5 billion deal that closed last month.
-
April 17, 2025
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen the producers of West End show "Elf the Musical" face a contract dispute, Korean biotech company ToolGen Inc. bring a fresh patents claim against pharma giant Vertex, and ousted car tycoon Peter Waddell bring a claim against the private equity firm that backed his business. Here, Law360 looks at these and other new claims in the U.K.
-
April 17, 2025
InPost Expands In UK With £106M Buy Of Yodel
Parcel delivery service InPost said Thursday that it has acquired rival Yodel for approximately £106 million ($141 million) in a "game-changing move," becoming the third-largest agnostic logistics player in the U.K., which will "dramatically" accelerate its growth.
-
April 17, 2025
IT Company Capgemini Buys Delta Capita Compliance Unit
French tech giant Capgemini SE said Thursday it has acquired the Dutch subsidiary of consultancy Delta Capita Group Ltd., as it strengthens its financial crime and regulatory compliance services in Europe.
-
April 17, 2025
Sainsbury's To Launch Fresh Buyback Worth At Least £200M
Retail giant Sainsbury's unveiled a share repurchase program worth at least £200 million ($265 million) on Thursday as it reported a jump in profit and a record-breaking year in groceries.
-
April 17, 2025
Rental Services Biz Aims To Seek New Investors Via AIM Float
RentGuarantor Holdings PLC said Thursday that it intends to list on the London Stock Exchange later in 2025 as the rental services company looks to attract a broader spectrum of investors.
-
April 17, 2025
VietJet Must Pay Investor $180M In Plane Lease Dispute
A Vietnamese budget airline must pay the subsidiary of an international private investment company more than $180 million for failing to return its planes, as a judge ruled Thursday that a termination clause in the lease agreement was not a penalty provision.
Expert Analysis
-
What French Watchdog Ruling Means For M&A Landscape
Although ultimately dismissed due to lack of evidence, the French competition authority’s recent post-closing review of several nonreportable mergers is a landmark case that highlights the increased complexity of such transactions, and is further testament to the European competition authorities’ willingness to expand their toolkit to address below-threshold M&As, say lawyers at Cleary.
-
Exploring The EU's Draft Standards On Crypto Authorization
The European Securities and Markets Authority’s recently published draft standards aim to promote fair competition and a safer environment for crypto providers and investors, detailing precisely the information to be provided to national authorities in charge of screening the acquisitions of a qualifying holding, says Mathieu de Korvin at Norton Rose.
-
What The New Digital Markets Bill Will Mean For Companies
The recently passed Digital Markets, Competition and Consumer Bill will bring significant reform to U.K. merger control and antitrust rules for all businesses, but the introduction of a strategic market status regime and its reporting obligations means large tech organizations in particular need to think carefully about the forthcoming changes, say lawyers at Linklaters.
-
Insurance Ruling Stresses High Hurdle To Fix Policy Wording
In Project Angel v. Axis, the Court of Appeal recently refused to rewrite the exclusion clause of an insurance policy, reminding parties in the warranty and indemnity market to carefully word clauses, as there is a high threshold before courts will intervene to amend policies, say Joseph Moore and Laura McCann at Travers Smith.
-
CMA Reports Signal Tighter Scrutiny Of AI Model Markets
The Competition and Markets Authority’s recent reports on artificial intelligence foundation models suggest that competition in AI is not working as it should, so large digital firms can expect the regulator to use its full toolbox as it continues to monitor and investigate the sector, say lawyers at Cooley.
-
How Gov't Response Addresses Investment Act Concerns
The government’s recently published response to a call for evidence on the National Security and Investment Act is largely appropriate to stakeholder concerns raised and demonstrates in its five areas of focus that it is willing to respond to live issues, say lawyers at Watson Farley.
-
Pharma Remains A Key Focus Of EU Antitrust Enforcement
The recently published European Commission report on pharmaceutical sector competition law illustrates that effective enforcement of EU rules remains a matter of high priority for EU and national authorities, say lawyers at Dechert.
-
The Dangers Of Providing Misleading Info In A Merger Review
Although Kingspan's recent proposed acquisition of Trimo, brought before the European Commission, was abandoned following investigation for an alleged breach of EU Merger Regulation requirements, it has brought to light the importance of submitting accurate and complete information in merger reviews to avoid incurring a substantial fine, say lawyers at Steptoe.
-
Cum-Ex Prosecutions Storm Shows No Sign Of Abating
The ongoing trial of Sanjay Shah in Denmark is a clear indicator that efforts remain focused on holding to account the alleged architects and beneficiaries of cum-ex trading, and with these prosecutions making their way across Europe, it is a more turbulent time now than ever, says Niall Hearty at Rahman Ravelli.
-
Spartan Arbitration Tactics Against Well-Funded Opponents
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
-
EU Inquiry Offers First Insight Into Foreign Subsidy Law
The European Commission's first in-depth investigation under the Foreign Subsidies Regulation into a public procurement process, and subsequent brief on regulatory trends, sheds light on the commission's approach to such cases, as well as jurisdictional, procedural and substantive issues under the regulation, says Matthew Hall at McGuireWoods.
-
Key Points From EC Economic Security Screening Initiatives
Lawyers at Herbert Smith analyze the European Commission's five recently announced initiatives aimed at de-risking the EU's trade and investment links with third countries, including the implementation of mandatory screening mechanisms and extending coverage to investments made by EU companies that are controlled subsidiaries of non-EU investors.
-
Vodafone Decision Highlights Wide Scope Of UK's FDI Rules
The U.K. government’s recently imposed conditions required for its approval of Vodafone and Etisalat’s strategic relationship agreement under its National Security and Investment Act jurisdiction, illustrating the significance of the act as an important factor for transactions with a U.K. link, says Matthew Hall at McGuireWoods.
-
What Extension Of French FDI Control Means For Investors
The recently published French order on foreign investment control expands the regime's application to more sectors and at a lower threshold of share ownership, illustrating France's determination to maintain sovereignty over its supply chains in sensitive sectors, and adding new considerations for potential investors in these areas, say lawyers at Linklaters.
-
What To Expect For Private Capital Investment Funds In 2024
As 2024 gets underway, market sentiment in the private fundraising sphere seems more optimistic, with a greater focus on deal sourcing and operational optimizations, and an increased emphasis on impact and sustainability strategies, say lawyers at Ropes & Gray.