Transactions UK

  • August 27, 2025

    HSF Kramer Guides Fragrance Co.'s £134M Pension Deal

    The U.K. subsidiary of flavor and fragrance giant Givaudan International SA has agreed a full-scheme pension buy-in with Aviva PLC that is worth £134 million ($180 million), the insurer said Wednesday.

  • August 26, 2025

    Wood Group Backs Reduced Sidara Bid, Grants Extension

    Scottish engineering consultancy Wood Group said Monday that it has granted its Asian rival Sidara more time to make a formal offer, and that it will be "minded to" accept a reduced offer of approximately £207.5 million ($280 million).

  • August 26, 2025

    Poundland Wins Green Light For £95M Restructuring Plan

    Poundland won approval for a £95.2 million ($128.4 million) restructuring plan to bring it back from the brink of administration on Tuesday, less than three months after the ailing budget retailer was sold for just £1.

  • August 26, 2025

    A&O Shearman-Led Safety Biz Buys Drilling Co. For €150M

    British safety technology Halma PLC said Tuesday that it has acquired Brownline, a Dutch underground drilling technology company, from private equity firm Mentha for €150 million ($175 million).

  • August 26, 2025

    Marriott Harrison-Led LifeSafe Plans AIM Exit Amid Fundraise

    LifeSafe said Tuesday it is seeking shareholder approval to cancel its U.K. listing, with the troubled fire safety technology business citing the high compliance costs of trading and potential investors more attracted to buying a private company.

  • August 26, 2025

    LSE Wins Green Light To Be Private Stock Market Operator

    The Financial Conduct Authority said Tuesday that it has approved the London Stock Exchange Group PLC as a regulated operator of a market to trade shares in private companies, as the U.K. seeks to provide investors with an alternative to an initial public offering.

  • August 26, 2025

    Ørsted Stands Firm On Plan To Raise $9.4B Despite US Order

    Denmark's wind power giant Ørsted AS has said that it will move ahead with its plan to raise 60 billion Danish kroner ($9.4 billion) with support from the Danish state, despite an order from U.S. President Donald Trump to stop work on a wind farm that is almost complete.

  • August 26, 2025

    Fitness App Biz Debuts On AIM After Raising £2M

    MedPal AI began trading its shares on London's junior investment market on Tuesday after raising approximately £2 million ($2.7 million), as the fitness app business looks to enhance its market visibility.

  • August 26, 2025

    Squire Patton Guides Textiles Co. On £11M Pension Deal

    The pension plan of bedding manufacturer John Cotton Group Ltd. has agreed an £11 million ($15 million) full-scheme buy-in with Just Group, the financial services company said on Tuesday.

  • August 25, 2025

    3 Firms Steer $18.4B Keurig Dr Pepper, JDE Peet's Coffee Deal

    Keurig Dr Pepper will acquire JDE Peet's in an approximately $18.4 billion deal that aims to create a "global coffee champion" through the combination of the Keurig brand single-serve coffee platform and JDE Peet's coffees, the companies announced Monday, with three law firms guiding the transaction. 

  • August 22, 2025

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

    This past week in London has seen football manager Bruno Lage sue the owner of Olympique Lyonnais and Botafogo football clubs, luxury fashion brand Christian Dior Couture target a jewelry business trading under the same name, and a Russian motorsports promoter take action against Formula One after it canceled its Russian Grand Prix in 2022.

  • August 22, 2025

    Taxation With Representation: Kirkland, Weil, Fried Frank

    In this week's Taxation With Representation, private equity firm Thoma Bravo buys human resources software provider Dayforce Inc. in a take-private deal, Lowe's buys Foundation Building Materials, Nexstar Media Group Inc. acquires fellow media company Tegna Inc., and Soho House & Co. Inc. inks a take-private deal with hotel operator MCR.

  • August 22, 2025

    Revolution Beauty Biz Ends Sale Process, Raises £16.5M

    Cosmetics company Revolution Beauty said Friday that it has discarded its plans for a sale after attracting no ideal offers, and has instead raised £16.5 million ($22.3 million) in equity from investors including online fashion retailer Debenhams in two separate offerings of shares.

  • August 22, 2025

    Tritax Won't Raise REIT Bid, Clearing Way For Blackstone

    Property investor Tritax Big Box said Friday that it won't increase its £485.2 million ($656.1 million) cash and stock bid for Warehouse REIT, setting the stage for private equity heavyweight Blackstone to win a bidding war with a £489 million cash offer.

  • August 22, 2025

    Materials Firm Vesuvius To Buy Crucible Maker For £76M

    Vesuvius PLC said Friday it has agreed to acquire U.K.-based crucible maker Molten Metal Systems for £75.8 million ($102 million) in cash and shares, to broaden the materials firm's operations and grow its presence in India.

  • August 22, 2025

    UK Launches Formal Probe Into Getty-Shutterstock Merger

    Britain's antitrust authority said Friday that it has launched a formal investigation into the proposed merger of Getty Images and Shutterstock, which would create a $3.7 billion visual content company, to decide whether it will harm competition in U.K. markets.

  • August 22, 2025

    Air Liquide To Buy Korean Gas Supplier In €2.8B Deal

    Air Liquide said Friday it has agreed to buy South Korean rival DIG Airgas from funds managed by Macquarie for an enterprise value of €2.85 billion ($3.31 billion) as the French company seeks to bolster its presence in the Asian market.

  • August 21, 2025

    Mediobanca Shareholders Reject €6.3B Banca Generali Deal

    Italian investment bank Mediobanca SpA said Thursday that its shareholders rejected its planned €6.3 billion ($7.3 billion) bid for wealth manager Banca Generali SpA, a move that now opens it up to a hostile takeover from rival Monte dei Paschi.

  • August 21, 2025

    Dentons-Led Premier To Gobble Up Gourmet Brand For £48M

     Premier Foods PLC said Thursday that it has agreed to buy Merchant Gourmet, a premium ready-to-eat specialist, for £48 million ($65 million) to cater for a growing appetite for high-quality and convenient meals.

  • August 21, 2025

    Aegon Boosts Buyback To €400M, Weighs Moving Base To US

    Aegon NV said Thursday it is doubling its current €200 million ($233 million) share repurchase program to €400 million as the pensions and insurance specialist begins a review of plans to shift its head office to the U.S.

  • August 21, 2025

    SPAC Ikigai Ventures To Buy Tech Group Dotlines For £67M

    Blank-check company Ikigai Ventures Ltd. said Thursday that it has agreed to acquire Dotlines, a global business and consumer technology group, for approximately £67 million ($90 million) to help it reach new customers in "under-served markets."

  • August 21, 2025

    UK Blocks Versarien Asset Sale To China-Linked JV

    The government has banned British engineering materials group Versarien from selling assets to a joint venture that it plans to set up with Anhui Boundary, a Chinese tire-maker, because of national security concerns.

  • August 21, 2025

    Appointed Reps Reform Gives FCA Bigger Enforcement Hook

    The U.K. government's plans to tighten the rules for appointed representatives will give the Financial Conduct Authority a far greater enforcement hook, making the regime costlier and harder to access by the companies it is designed to support, lawyers have warned.

  • August 27, 2025

    Perkins Coie Hires Tech Pro From Clifford Chance

    Perkins Coie LLP has hired a senior technology lawyer from Clifford Chance LLP to boost its capabilities in its relatively new operation in London.

  • August 20, 2025

    Aviva, Tesco Launch Life Insurance Partnership

    Aviva PLC said Wednesday that it has launched a new partnership with the insurance arm of Tesco that will give the customers of the grocery giant access to affordable life insurance programs.

Expert Analysis

  • Agreement Among Litigants Key To Using E-Discovery Tech

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    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.

  • 4 Ways M&A Deals Are Changing

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    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.

  • Opinion

    Law School Admissions Shouldn't Hinge On Test Scores

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    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.

  • How Market Challenges Are Affecting Deal-Making Trends

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    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.

  • What Digital Asset Decisions Mean For Future Disputes

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    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.

  • A Look At UK's 1st Report On Security Regime For Deals

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    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.

  • What EU Changes To Dual Distribution Mean For Franchises

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    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.

  • How ESG Matters Are Influencing M&A Due Diligence Trends

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    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

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    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.

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