Private equity firm Epiris LLP will buy Gamma Communications PLC for £1.015 billion ($1.374 billion), the companies said Tuesday, in a deal that will take the U.K. telecommunications business private.
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WEDNESDAY, SEPTEMBER 2, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Latham Leads Epiris' £1B Buy Of Gamma Communications

By Najiyya Budaly

Private equity firm Epiris LLP will buy Gamma Communications PLC for £1.015 billion ($1.374 billion), the companies said Tuesday, in a deal that will take the U.K. telecommunications business private.

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London Plans Continuous Tokenized Share Trading

By Najiyya Budaly

The London Stock Exchange said Tuesday that it plans to allow investors to trade tokenized shares of existing listed companies continuously from Monday to Friday in order to take advantage of the boom in digital assets.

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Gibson Dunn-Led Veritas Gets Nod For £1.85B Takeover

By Irene Madongo

U.S. private equity company Veritas has agreed to buy British thermal-processing business Bodycote for £1.85 billion ($2.5 billion) inclusive of debt, the companies said Tuesday, potentially trumping rival propositions in a hotly contested bidding war.

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Freshfields-Led DNO Bids $396M For Capricorn, Tops Genel

By Dawood Fakhir

Norwegian energy company DNO ASA said Tuesday that it has agreed to acquire Capricorn Energy PLC for approximately $396 million, trumping Genel's £271 million ($366 million) bid for the British oil producer.

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M&A

SocGen To Buy 50% Stake In Vodafone's German Fiber JV

By Dawood Fakhir

Telecommunications giant Vodafone said Tuesday that French lender Société Générale SA has agreed to acquire a 50% stake in its German fiber network joint venture OXG Glasfaser Beteiligungs-GmbH.

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Frasers Eyes Hiking Hugo Boss Stake To Become Main Owner

By Irene Madongo

British retailer Frasers said Tuesday it wants to increase its shareholding in Hugo Boss to more than 50%, in line with its ambitions to fully own the German giant under a takeover plan.

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CAPITAL MARKETS

Pinsent Steers Wood Group In £1.7B Pensions Deal With L&G

By Tom Fish

Engineering firm Wood Group has secured the retirement benefits for all 16,400 members of its pension plan with a £1.65 billion ($2.23 billion) buy-in, consultancy Lane Clark Peacock said Tuesday.

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PEOPLE

Jones Day Hires Corporate Pro From Freshfields In Munich

By Dawood Fakhir

U.S. law firm Jones Day has said it expanded its corporate practice in Europe with the addition of a former Freshfields LLP mergers and acquisitions specialist in Munich, Germany.

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LAW FIRMS IN TODAY'S NEWS

Advisors LLC

Ashurst Perkins

Bird & Bird

CMS Cameron McKenna Nabarro Olswang

Davis Polk

Freshfields

Gibson Dunn

Gleiss Lutz

Gowling WLG

HSF Kramer

Jones Day

Latham & Watkins

Linklaters LLP

Nabarro LLP

Pinsent Masons

Reynolds Porter

Thommessen

White & Case

COMPANIES IN TODAY'S NEWS

3M Co.

Altice SA

Barclays PLC

Bodycote

Bouygues

Genel Energy PLC

Hugo Boss Inc.

Investec PLC

Lazard Ltd.

London Stock Exchange Group PLC

Mars Inc.

Optimum

Payward Inc.

PepsiCo Inc.

Solventum

The Goldman Sachs Group Inc.

Veritas Capital Fund Management LLC

Vodafone Group PLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

European Union