Swedish private equity firm EQT said Friday it would buy London-based insurance broker McGill and Partners from Warburg Pincus for $2 billion, in a deal guided by Clifford Chance LLP and Freshfields LLP.
Swedish private equity firm EQT said Friday it would buy London-based insurance broker McGill and Partners from Warburg Pincus for $2 billion, in a deal guided by Clifford Chance LLP and Freshfields LLP.
Norwegian energy firm DNO ASA said Friday that it has dropped its roughly £202 million ($273 million) takeover bid for Genel Energy PLC after the latter's refusal to extend the deadline to negotiate an offer.
The European Central Bank has given the green light for Italian lender Monte dei Paschi's proposed €13.5 billion ($16 billion) takeover of Mediobanca, clearing an important regulatory hurdle.
Iron miner Ferrexpo said Friday that it has raised $100 million in equity in a share sale and subscription to new and existing institutional investors that was "essential for the continued survival of the group."
A Dubai-based company has won proceeds from the $200 million liquidation of Russian gold miner Petropavlovsk PLC when a London judge ruled Friday this would not breach sanctions legislation.
The founders of production company Pulse Films, now owned by Vice Media, have failed to force former Vice executives to disclose documents about the media giant's financial troubles ahead of a potential $20 million fraud claim.
The past week in London has seen institutional investors file new claims against British American Tobacco and Entain, Jellycat sue multiple British retailers in the patent court, and Shoosmiths LLP targeted in a claim by a property developer.
