French Telecoms Giants In Talks To Buy SFR For €20.4B

By Najiyya Budaly

French telecoms groups Bouygues Telecom, Orange and Iliad said Friday that they have entered into exclusive talks to buy SFR from Altice Group for €20.35 billion ($24 billion) in a move that would help to consolidate the sector in Europe.

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Uber To Buy Delivery Hero Stake From Prosus For €270M

By Dawood Fakhir

Prosus said Friday that it has agreed to sell a stake in Delivery Hero to Uber for approximately €270 million ($319 million) to satisfy a regulatory condition to complete its €4.1 billion acquisition of Just Eat Takeaway.com.

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CMA Seeks Views On $25B Paints, Coatings Tie-Up

By Tom Fish

The Competition and Markets Authority has invited public comment on the proposed merger between Dulux paint-maker AkzoNobel NV and Axalta Coating Systems Ltd., marking an initial step in its review of the deal.

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Brief

US Broker Gallagher Acquires UK Insurance Biz

By Dawood Fakhir

Arthur J. Gallagher & Co. has acquired Bridge Insurance Brokers Ltd. in order to expand its U.K. and Ireland retail business.

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Roundup

Taxation With Representation: Skadden, Stikeman Elliott

By Zak Kostro

In this week's Taxation With Representation, Amazon.com Inc. buys satellite communications company Globalstar Inc., waste management company GFL Environmental Inc. acquires Secure Waste Infrastructure Corp., and Standard Life PLC buys the British subsidiary of Dutch insurer Aegon.

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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 Aston Martin file an appeal in a row with Chinese carmaker Geely over its winged logo for London black cabs, Ineos sue Ben Ainslie's America's Cup team for a £180 million ($244 million) boat, White & Case face a claim from two energy storage companies, and a golf tour company bring a claim against Saudi Arabia's sovereign wealth fund after the fund invested in its rival.

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CMA's 5-Point Plan Signals Shift In Enforcement Priorities

The Competition and Markets Authority’s recently published annual plan is notable for a strong shift toward prioritizing U.K. enforcement of consumer protection laws, encouraging innovation and policing public procurement markets for anticompetitive conduct, which contrasts with previous plans that focused on competition in digital markets, complex merger review and sustainability, say lawyers at Cooley.

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