London-based GHO Capital and CBC Group in Singapore said Wednesday that they will merge to create what they claim will be the world's largest healthcare investment company, managing more than $21 billion in assets.
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Kirkland-Led Investors Merge To Form $21B Asset Manager

By Tom Fish

London-based GHO Capital and CBC Group in Singapore said Wednesday that they will merge to create what they claim will be the world's largest healthcare investment company, managing more than $21 billion in assets.

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Schroder Fund Offers Full Exit After Pressure From Saba

By Najiyya Budaly

Saba Capital Management LP said Wednesday that it has agreed not to pursue an activist campaign against Schroder UK Mid Cap Fund PLC for three years after the fund agreed to allow investors to tender all their shares.

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Rare-Earth Miner To Buy German Magnet Recycler For €8M

By Dawood Fakhir

Rare-earth miner Mkango Resources said on Wednesday that it has agreed to acquire rare-earth magnet recycling business Remloy from Heraeus Amloy Technologies GmbH for €8 million ($9.3 million) to boost its operations in Germany.

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ARBITRATION

Ex-Director Loses Bid For $1.3M Bonus Over Backdated Deal

By Hanna Vioque

A London court rejected a former director's bid to claim a $1.3 million bonus from her old company, agreeing with an arbitrator that the director and the former CEO had fraudulently backdated an agreement by five years. 

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DEALS

UK Component Maker Expands In Italy With €7.4M Acquisition

By Dawood Fakhir

Essentra said Wednesday that it has agreed to acquire Italian mechanical components designer and manufacturer Boteco Srl in a deal worth up to approximately €10 million ($11.6 million) to complement its plastic and metals component and packaging business.

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CAPITAL MARKETS

Brief

Electrical Parts Biz Begins £100M Share Repurchase Program

By Irene Madongo

RS Group PLC began a program to buy back shares of up to £100 million ($134 million) on Wednesday as the industrial and electrical components supplier reported a dip in its revenue.

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PEOPLE

Brief

Eversheds Sutherland Hires 2 Partners In Dublin, Belfast

By Ashish Sareen

Eversheds Sutherland has hired two new partners in Dublin and Belfast, continuing its expansion after the firm integrated its Irish operations into its international business in 2025.

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LAW FIRMS IN TODAY'S NEWS

4 New Square

Bryan Cave Leighton Paisner

Candey Ltd.

Eversheds Sutherland

Kirkland & Ellis

Pinsent Masons

Shoosmiths LLP

Twenty Essex

White & Case

COMPANIES IN TODAY'S NEWS

Essentra PLC

Investec PLC

London Stock Exchange Group PLC

Morgan Stanley

Saba Capital Management LP

Schroders PLC

TMX Group Ltd.

The Goldman Sachs Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

UK High Court