Boeing said Monday it has agreed to acquire aircraft parts maker Spirit AeroSystems in a $4.7 billion all-share deal under which rival Airbus will also take control of the European-linked operations of Spirit in return for $559 million in compensation.
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TOP NEWS

Sullivan & Cromwell Pilots Boeing $4.7B Spirit Aero Takeover

By Najiyya Budaly

Boeing said Monday it has agreed to acquire aircraft parts maker Spirit AeroSystems in a $4.7 billion all-share deal under which rival Airbus will also take control of the European-linked operations of Spirit in return for $559 million in compensation.

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Xavier Niel's Atlas Follows Through With $4.1B Millicom Bid

By Al Barbarino

French billionaire Xavier Niel's Atlas Investissement on Monday made an official bid to buy out Luxembourgish telecommunications provider Millicom's shareholders through a tender offer at a value of approximately $4.1 billion.

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Skadden-Led BlackRock To Buy Data Group Preqin For £2.6B

By Dawood Fakhir

Investment firm BlackRock said Monday that it has agreed to acquire private markets data provider Preqin for £2.55 billion ($3.2 billion) to boost its investment management in a deal guided by Skadden Arps Slate Meagher & Flom LLP and Macfarlanes LLP.

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DEALS

Tikehau Capital To Nab Over €200M Of Commercial Properties

By Dawood Fakhir

French retail firm Groupe Casino said Monday that it has agreed to sell 30 of its real estate properties to investment company Tikehau Capital for at least €200 million ($215 million) to use the proceeds to reduce its debt.

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PE Co. Altor Buys Majority Stake In Tech Biz F24 For £18.4M

By Tom Fish

U.K. investment company HgCapital Trust PLC said Monday that Altor, a private equity firm, has bought most of its stake in F24, in a deal that values the cloud computing company at £18.4 million ($23.3 million).

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Osborne Clarke Guides Aviva's School Pension Deal

By Joel Poultney

Insurance giant Aviva has completed a full scheme buy-in for a pension plan sponsored by Taunton School, consultancy Broadstone said Monday, in a deal guided by Osborne Clarke LLP.

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CAPITAL MARKETS

Payment Services Business Begins £20M Share Buyback

By Irene Madongo

PayPoint PLC on Monday commenced its up to £20 million ($25 million) share repurchase program, part of the payment services company's three-year scheme aimed at returning capital to investors.

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Energy Explorer Quits Trading In London Amid Refinancing

By Tom Fish

San Leon Energy PLC said Monday it has now ceased trading on the junior stock exchange in London because it has continually failed to publish its accounts, amid moves by the oil and gas company to seek refinancing to settle debts.

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LAW FIRMS IN TODAY'S NEWS

Advokatfirman Lindahl

Arendt & Medernach

Davis Polk

Macfarlanes LLP

Osborne Clarke

Skadden Arps

Sullivan & Cromwell

COMPANIES IN TODAY'S NEWS

Apollo Global Management LLC

Ardian

Aviva SA

BlackRock Inc.

Casino Guichard Perrachon SA

Euronext Amsterdam NV

HgCapital LLP

Investec PLC

London Stock Exchange Group PLC

Moelis & Co.

Morgan Stanley

PJT Partners Inc.

Panmure Gordon & Co. PLC

Preqin Ltd.

Spirit AeroSystems Holdings Inc.

The Boeing Co.

The Goldman Sachs Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

U.S. Department of Defense