Private equity giant CVC said Wednesday that it has agreed to acquire aviation security-screening company Smiths Detection for £2 billion ($2.7 billion) from Smiths Group PLC in a deal guided by Latham & Watkins and Freshfields.
Private equity giant CVC said Wednesday that it has agreed to acquire aviation security-screening company Smiths Detection for £2 billion ($2.7 billion) from Smiths Group PLC in a deal guided by Latham & Watkins and Freshfields.
City Developments has acquired the 706-room Holiday Inn hotel in west London for £280 million ($372 million) from real estate vehicle Cola Holdings, as the property group moves to widen its hospitality footprint in one of the capital's smartest districts.
Bermudian investment firm Ocean Wilsons said Wednesday that its all-stock merger with local rival Hansa Investment Co. Ltd. will go ahead after a court sanctioned the scheme on Tuesday.
U.S. technology insurance firm Asurion LLC said it has agreed to acquire Domestic & General, an appliance care provider, in a bid to become a major player in the growing device and white goods appliance insurance sector.
British insurance company Bridgehaven said Wednesday it has completed the acquisition of Irish insurer SureStone Insurance DAC, marking what it called an "important step" in its European ambitions.
The Federal Trade Commission said Wednesday that enforcers will allow Boeing to move ahead with its planned $4.7 billion purchase of aircraft parts-maker Spirit AeroSystems after the companies agreed to sell several assets.
The Competition and Markets Authority's updated leniency guide introduces significant changes to bolster cartel enforcement, with incentives to early self-report that will be welcomed by businesses, but the weighty specter of potential class actions could greatly outweigh the discount on administrative fines, say lawyers at Cooley.
