Munich Re To Acquire US Cyber Insurtech In $575M Deal

By Joel Poultney

Reinsurance giant Munich Re said Wednesday it has agreed to acquire U.S.-based cyber insurance security company At-Bay in a $575 million deal. 

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Sidley-Led PE Firm To Bid £545M For UK Auto Software Biz

By Dawood Fakhir

Pinewood.AI said Wednesday that it has agreed to be acquired by U.S. private equity firm Ridgeview Partners LLC for approximately £545 million ($739 million) in a deal that will delist it from the London Stock Exchange.

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EQT Grows Sport Exposure With Oz Rugby League Club Buy

By Tom Fish

EQT AB said Wednesday it is set to become the majority shareholder of an Australian rugby league club, as the Swedish private investment firm moves to increase its exposure to the growing sports market.

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Brief

Ex-Sheffield Utd. Owner Winds Up Co. That Bought Club

By Sophia Dourou

The American consortium that took over Sheffield United FC was wound up by a court on Wednesday after an application by the Saudi prince who once owned the English football club.

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Brief

Fasken-Led Miner Closes £83M Takeover Deal For Tajik Assets

By Irene Madongo

Miner Vast Resources said Wednesday that it has completed its reverse takeover of Gulf International Minerals Ltd., sealing its acquisition of assets in Tajikistan in a deal worth an estimated £82.5 million ($112 million).

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Addleshaw, Eversheds Steer £58M Accountants' Pension Deal

By Joel Poultney

Pension Insurance Corporation said Wednesday it has taken on £58 million ($79 million) worth of retirement savings liabilities from a plan sponsored by the Institute of Chartered Accountants, in a deal guided by Addleshaw Goddard and Eversheds Sutherland. 

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Brief

Reinsurer Malibu Life Raises $125M In Equity

By Irene Madongo

Reinsurer Malibu said Wednesday it has successfully raised $125 million through selling shares, funds that could help bolster its operations and capital position.

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Paramount Judge Urges Parties To Be 'More Reasonable'

By Bonnie Eslinger

A California federal judge overseeing the challenge to Paramount Skydance's $110 billion Warner Bros. Discovery acquisition brought by the Writers Guild of America and state attorneys general urged the parties Wednesday to be "much more reasonable" with discovery disputes, warning that if they aren't, "you will find yourself asked to engage a special master."

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Mexican Investor Sues Floreat Unit For $12M Funding Return

By Tom Fish

Mexican businessman Ricardo Antonio Ponce Gutierrez and his company have filed a claim for 10 million Swiss francs ($12.4 million) in London's High Court against a member of the Floreat investment group, alleging it failed to repay funding provided under two investment agreements.

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