A motor dealership has offloaded £160 million ($215 million) of its pension scheme liabilities to insurer Just Group, in a deal guided by CMS Cameron McKenna Nabarro Olswang LLP.
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TOP NEWS

CMS Steers £160M Pension Deal For Auto Group

By Martin Croucher

A motor dealership has offloaded £160 million ($215 million) of its pension scheme liabilities to insurer Just Group, in a deal guided by CMS Cameron McKenna Nabarro Olswang LLP.

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Advent Co-Leads $200M Funding Round For AI Biz Coralogix

By Dawood Fakhir

Data processing company Coralogix has raised $200 million in its latest funding round, which was led by private equity firms Advent International, Greenfield Partners and Canada Pension Plan Investment Board, to boost its artificial intelligence capabilities.

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Sweden's Formpipe Software Backs $94M Consortium Bid

By Najiyya Budaly

Swedish IT business Formpipe Software AB said Thursday that it has backed a $94 million cash offer from a consortium of investors from Denmark, the U.S. and its home country.

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CAPITAL MARKETS

Homeware Brands Biz To Raise £19M In Equity

By Dawood Fakhir

Homeware brands owner Portmeirion said Thursday that it has raised £17 million ($23 million) in a share placing and is in the process of raising £2 million in a separate retail offer to reduce its debt and strengthen its balance sheet.

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Oil Co. Afentra Raises $40M To Fund Drilling Programs

By Najiyya Budaly

London-listed oil and gas company Afentra said Thursday that it has raised $40 million through a placing in order to fund its drilling programs in Angola.

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Brief

Mining Exploration Biz Plans Share Sale To Raise £2.5M

By Irene Madongo

Technology Minerals PLC said on Thursday that it is planning a share sale to raise as much as £2.5 million ($3.4 million) to settle debt and to strengthen its balance sheet.

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PEOPLE

MoFo M&A Partners Rejoin Latham In London

By Jamie Lennox

Latham & Watkins LLP said Thursday that it has hired three partners from Morrison Foerster LLP into its London mergers and acquisitions team, with two of the lawyers rejoining the firm they left 10 years ago.

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LAW FIRMS IN TODAY'S NEWS

CMS Cameron McKenna

Latham & Watkins

Morrison & Foerster

Nabarro LLP

Pinsent Masons

Slaughter and May

White & Case

COMPANIES IN TODAY'S NEWS

ABG Sundal Collier Inc.

Advent International Corp.

Amazon.com Inc.

Aon PLC

Aviva PLC

Aviva SA

Ferro Corp.

Greenfield Partners LLC

International Business Machines Corp.

London Stock Exchange Group PLC

Microsoft Corp.

Nasdaq Inc.

Stifel Financial Corp.

The University of Glasgow