Deutsche Börse In Talks To Buy Wealth Tech Biz For €5.3B

By Tom Fish

Shares marketplace Deutsche Börse Group has entered into exclusive talks to acquire Allfunds Group PLC, a U.K.-based European wealth technology platform, in a cash-and-shares deal worth €5.3 billion ($6.1 billion).

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ACG Metals Eyes Anglo Asian In Possible Takeover Bid

By Irene Madongo

ACG Metals has just under a month to say whether it intends to make an offer for Anglo Asian Mining PLC, the mining company has confirmed, as it highlighted its business strengths.

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Founder Of Software Biz Essensys Mulls £13M Takeover Bid

By Dawood Fakhir

Essensys said Friday that its founder and non-executive director is considering making an all-cash offer for the commercial real estate software company, valuing it at approximately £13 million ($17 million).

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LetterOne Denied Compensation Over Forced Broadband Sale

By Eddie Beaver

An investment group backed by Russian oligarchs failed on Friday to secure the "fair market value" for its shares in a regional broadband provider that the U.K. government forced it to sell over national security concerns.

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ECJ Allows Portugal's Tax Checks On Foreign Pension Funds

By Josh White

Portugal could impose stricter requirements on non-resident pension funds that claim a tax exemption when proportionate, despite the European Union's rules on freedom of movement for capital, the bloc's top court has ruled.

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

By Max Austin

This past week in London has seen the National Crime Agency target an Azerbaijan politician and a subsidiary of Withers over a disputed £50 million ($66 million) property portfolio, the eldest son of a British aristocratic family challenge the trustees of their multimillion-pound estate, and a sports lawyer suspected of dishonesty face action by the Solicitors Regulation Authority following his firm's closure.

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Kingfisher Kicks Off £50M Share Buyback Program

By Dawood Fakhir

International home improvement company Kingfisher PLC said Friday that it will buy back up to £50 million ($66 million) worth of its shares in the latest part of a £300 million repurchase program to reduce the number of its shares.

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Orrick Hires 4 Corporate Lawyers From Norton Rose In Munich

By Ashish Sareen

Orrick Herrington & Sutcliffe LLP has hired a group of four lawyers from Norton Rose Fulbright in Germany to boost its services to clients in mergers and acquisitions and private equity transactions.

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