Private investment company Bridgepoint Group PLC said Monday that it will buy Kayne Anderson, an alternative real estate investor, for $1.4 billion in a deal steered by Simpson Thacher and Kirkland.
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Simpson Thacher Steers Bridgepoint On $1.4B Investor Buy

By Najiyya Budaly

Private investment company Bridgepoint Group PLC said Monday that it will buy Kayne Anderson, an alternative real estate investor, for $1.4 billion in a deal steered by Simpson Thacher and Kirkland.

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Freshfields, Kirkland Advise BT-Verizon International JV

By Dawood Fakhir

BT Group and Verizon said in a joint statement Monday that they have agreed to combine their international operations to create a telecoms business expected to generate almost $4 billion in combined revenue every year.

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Orrick-Led Ipsen To Buy US Cancer Biz For Up To $1.75B

By Dawood Fakhir

French biopharmaceutical company Ipsen said Monday that it has agreed to acquire cancer-focused pharma business Kartos Therapeutics Inc. for up to $1.75 billion to expand its blood oncology drugs portfolio.

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POLICY & REGULATION

FCA Finalizes Landmark Crypto Regime, Cuts Capital Rules

By Alex Davidson

The Financial Conduct Authority has slashed potential capital requirements for issuing stablecoins in its landmark crypto-assets regime that was finalized Tuesday, the biggest expansion of its regulatory power in over a decade.

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DEALS

Finnish Energy Biz Fortum To Buy Norway's Elmera For $513M

By Najiyya Budaly

Finnish energy provider Fortum Consumer Solutions AS said Monday that it will buy Norwegian rival Elmera Group ASA for 5.1 billion Norwegian kroner ($513 million) in cash as it looks to expand its Nordic consumer business.

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Cleary, Debevoise Lead Sixth Street Monument Re Stake Buy

By Najiyya Budaly

U.S. investment firm Sixth Street said Monday that it will buy a majority stake in Monument Re to support the long-term growth of the reinsurer.

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Brief

Cash Shell Co. To Buy Media Rights Biz PowerPlay For £6M

By Irene Madongo

Cash shell company Cloudified Holdings Ltd. said Monday that it has reached a preliminary agreement to acquire media rights business PowerPlay Media and Entertainment Ltd. in a reverse takeover worth £6 million ($7.9 million).

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LAW FIRMS IN TODAY'S NEWS

Cleary Gottlieb

Conyers Dill

DLA Piper

Debevoise & Plimpton

Freshfields

HSF Kramer

Haavind

Hogan Lovells

Kirkland & Ellis

Orrick Herrington

Simpson Thacher & Bartlett

COMPANIES IN TODAY'S NEWS

ABG Sundal Collier Inc.

BNP Paribas SA

BT Group PLC

Bridgepoint Advisers Ltd.

Euronext Amsterdam NV

Fort Point Capital

Fortum Corp.

Hannover Re Group

Ipsen SA

JPMorgan Chase & Co.

KPMG International

Kartos Therapeutics

Kayne Anderson Capital Advisors LP

London Stock Exchange Group PLC

Moelis & Co.

Morgan Stanley

Nasdaq Inc.

The Goldman Sachs Group Inc.

Verizon Communications Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Financial Conduct Authority

Financial Ombudsman Service