Beazley has backed a sweetened £8 billion ($11 billion) takeover approach from Swiss insurance heavyweight Zurich Insurance Group Ltd., the companies said Wednesday, after the London-listed company rejected two lower bids in January.
Beazley has backed a sweetened £8 billion ($11 billion) takeover approach from Swiss insurance heavyweight Zurich Insurance Group Ltd., the companies said Wednesday, after the London-listed company rejected two lower bids in January.
Germany's Henkel said Wednesday it has agreed to acquire specialty coatings maker Stahl at a roughly $2.5 billion enterprise value from majority owner Wendel and multiple minority owners.
A consortium of investors has reached a deal with Glencore to acquire a stake in the assets of the Anglo-Swiss mining giant in the Congo for approximately $3.6 billion to secure critical minerals for the U.S. and its partners.
Global financial services and marine operations group Bibby Line has completed a £55 million ($75 million) buy-in transaction with Pension Insurance Corp. PLC, the insurer said Wednesday, securing the retirement benefits of 667 plan members.
A London court struck out an executive's case on Wednesday that two of his business associates and Russells Solicitors plotted to hide plans for a $40 million takeover of a celebrity intellectual property licensing company to get him to sell his shares cheaply.
An Anglo-Italian financier has settled his libel action against a newspaper publisher in which he alleged that the paper wrongly accused him of orchestrating a €454 million ($536 million) property fraud against the Vatican.
Ropes & Gray LLP has recruited a team of 10 lawyers from Linklaters LLP for its new office in Paris as it seeks to boost its services to clients in private funds and tax matters in Europe and worldwide.
Spanish banking giant Santander said on Wednesday that it will begin a share buyback worth up to €5.03 billion ($5.9 billion) to downsize its share capital — a day after it agreed to acquire U.S. bank Webster Financial Corp. for $12.3 billion.
A subsidiary of commodities group Trafigura Ltd. has sold a 9% stake in Atalaya Mining Copper SA worth approximately £132 million ($181 million), the European metals producer said Wednesday.
The increasing use of portability mechanics in loan documentation can make sales processes more attractive to buyers and brings cost savings to sellers, but there are concerns over the portability's impact on competition and differences in sponsors’ goals, say lawyers at King & Spalding.
