Clifford Chance-Led EasyJet Agrees To £5.7B Bid From Apollo

By Dawood Fakhir

EasyJet PLC said Friday that it has agreed to support a takeover offer of approximately £5.7 billion ($7.6 billion) from asset management giant Apollo and no longer intends to recommend Castlelake's £5.2 billion bid announced on Monday.

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4 Firms Advise On $3.4B Apollo, Bayer Contraceptives Deal

By Al Barbarino

Apollo Global Management has agreed to pay €3 billion ($3.4 billion) for a minority stake in Bayer's long-acting reversible contraceptive business, according to a joint announcement Friday. 

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LondonMetric Consortium Sweetens £397M Bid For Picton

By Dawood Fakhir

LondonMetric Property and Schroder REIT said Friday they have improved Schroder REIT's share component of their proposed all-share takeover of Picton by 1.45%, even though the revised terms decreased the British REIT's value to approximately £397 million ($533 million).

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Finland's S-Bank Agrees To Buy Domestic Rival For €571M

By Tom Fish

Finnish lender S-Bank PLC has agreed to acquire a domestic competitor, Oma Savings Bank PLC, in a recommended all-cash takeover valued at €571.4 million ($653.4 million), a move intended to create a stronger financial player.

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Infill Capital Partners Eyes £41M Deal To Take Safestay Private

By Dawood Fakhir

Safestay said Friday that European real estate investment firm Infill Capital Partners is weighing a £40.9 million ($54.8 million) takeover offer for the tourist hostels owner that will take the company private.

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Telecom To Sell £4.4B Vodafone Stake To French Entrepreneur

By Irene Madongo

Xavier Niel's investment vehicle said Friday it has agreed to buy a stake of about 16.2% in Vodafone for around £4.4 billion ($5.9 billion) from an Emirati telecommunications group, making the French billionaire the telecoms giant's largest shareholder.

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Education Biz Settles £4.6M Dividend Feud With Ex-CEO

By Jamie Lennox

An education company has settled a £4.6 million ($6.2 million) dispute with its former chief executive at a London court, dropping allegations that she caused the business to violate government contracts by failing to reinvest profits.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

The past week in London has seen lawyer Ian Rosenblatt launch legal action against music mogul Simon Cowell, Boohoo face a fresh investor claim after previously facing allegations that it feigned ignorance of labor abuses in its supply chain, and an ex-Tory MP and his chief of staff sued by their former employer. Here, Law360 looks at these and other new claims in the U.K.

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