Novartis To Buy US Biotech In Up-To-$2B Allergy Drug Deal

By Najiyya Budaly

Swiss pharmaceutical giant Novartis AG said Friday that it will buy Excellergy, a U.S. biotechnology company, for up to $2 billion as it seeks access to a therapy to combat allergic reactions.

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Advent's £1.14B Bid For Aerospace Engineer Extended

By Dawood Fakhir

Engineering group Senior PLC said Friday that its board and the Takeover Panel have extended the deadline for private equity firm Advent International to formally make or cancel its proposed offer of approximately £1.14 billion for the company.

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Helios Won't Back StoneX's £241M Bid For CAB Payments

By Dawood Fakhir

A consortium of investors that owns almost half of payment services business CAB Payments said Friday that it will not support a bid by investment services provider StoneX Group Inc. worth approximately £241.3 million ($321 million), and will push ahead with its own offer.

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Doctor Denies Owing £7M Over Failed NHS Practice Buyout

By Jamie Lennox

A doctor has denied owing £6.7 million ($8.9 million) over a collapsed agreement to sell his National Health Service practice to another doctor, telling a London court that the buyer was at fault for the deal's failure.

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

By Laura Stewart Liberty

The past week in London has seen Apple hit back at a tech company's wireless charging patent claim, a flurry of businesses bring COVID-19 pandemic insurance claims as a key deadline draws closer and Ipulse Partners LLP file a claim against a luxury yacht company it represented in a trademark dispute. Here, Law360 looks at these and other new claims in the U.K.

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EU's Ribera: Antitrust Must 'Stay Strong' Against Politics

By Bryan Koenig

European Union antitrust chief Teresa Ribera had a word of caution Friday for competition enforcers who let political considerations influence their enforcement decisions, arguing in Washington, D.C., remarks that enforcement should remain stable against shifting political winds.

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Eversheds Steers £32M Buy-In For Reebok UK Pension Plan

By Tom Fish

A pension plan for employees of sportswear giant Reebok in the U.K. has completed a £32 million ($42.6 million) full scheme buy-in with Just Group PLC, the financial services provider has said.

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Brief

Walker Morris Steers Hargreaves On Increased Tender Offer

By Irene Madongo

Hargreaves said Friday it is raising its share repurchase program to up to £20 million ($27 million) from the £15 million plan announced in January, in a move expected to lower the infrastructure services firm's share capital.

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Brief

Biopharmaceutical Co. Avacta Raises £10M To Support R&D

By Irene Madongo

Avacta Group PLC said Friday it has conditionally raised £10 million ($13.3 million), which the biopharmaceutical company said it plans to use for its research and development programs.

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Brief

Gambling Tech Provider Playtech Launches Share Buyback

By Irene Madongo

Playtech PLC said Friday it will begin a program to buy back nearly 5.7 million shares, after the technology provider to gambling companies reported a drop in its revenue for 2025.

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