Prosus NV said Monday that it will sell a 5% stake in Delivery Hero SE to Hong Kong-based Aspex Management for €335 million ($394 million) to help satisfy a regulatory condition and complete its €4.1 billion acquisition of Just Eat Takeaway.com.
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Freshfields-Led Aspex Buys €335M Delivery Hero Stake

By Najiyya Budaly

Prosus NV said Monday that it will sell a 5% stake in Delivery Hero SE to Hong Kong-based Aspex Management for €335 million ($394 million) to help satisfy a regulatory condition and complete its €4.1 billion acquisition of Just Eat Takeaway.com.

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Linklaters Advises E.ON On Acquisition Of OVO Energy

By Najiyya Budaly

European utilities giant E.ON SE said Monday that it will buy U.K. retail energy supplier OVO in a move to create a heavyweight in Britain's energy market.

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Weil Steers Blackstone On E-Commerce Buy From CVC

By Tom Fish

Blackstone said Monday that it has agreed to acquire a major stake in Greek e-commerce platform Skroutz from CVC Capital Partners to expand its presence in southern Europe and add another digital marketplace stake to its portfolio.

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DEALS

Unite Sells London Student Asset, Boosts Buyback To £165M

By Dawood Fakhir

Student accommodation provider Unite Group said Monday that it will return another £65 million ($88 million) to its shareholders as it completed the £186 million sale of a London property to Unite UK Student Accommodation Fund.

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Gateley Guides Software Firm's £4.5M Pension Deal

By Tom Fish

A financial services consultancy said Monday that it has advised software company Access Group on securing the retirement benefits of all 40 members of its pensions plan in a £4.5 million ($6.1 million) full buy-in with Just Group PLC.

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Brief

Engineering Services Biz Unveils £1.1M Acquisition

By Irene Madongo

Engineering services company Renew Holdings PLC said Monday its network infrastructure firm has acquired PWR-X Ltd., a cable jointing business, for £1.1 million ($1.5 million).

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CAPITAL MARKETS

Galantas Gold Plans $85M Private Placement To Fund Growth

By Tom Fish

Metal miner Galantas Gold Corp. said Monday that it plans to raise up to $85 million through a sale of shares directly to selected investors to finance the development of two mining projects in Chile.

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Brief

Oil Explorer Lansdowne Raises £2M In Equity

By Irene Madongo

Lansdowne Oil and Gas PLC said Monday it has secured £99,259 ($135,000) in a share sale to retail investors, bringing the amount that the explorer has conditionally raised since April to almost £2 million.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Davis Polk

De Brauw

Freshfields

Gateley PLC

Linklaters LLP

Skadden Arps

Watson Farley

Weil Gotshal

COMPANIES IN TODAY'S NEWS

CVC Capital Partners Ltd.

Canaccord Genuity Group Inc.

Delivery Hero

E.ON UK PLC

Microsoft Corp.

Naspers

Natura Cosmeticos SA

TMX Group Ltd.

Uber Technologies Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition and Markets Authority

European Commission

European Union

Ofgem