Irish Continental Group reiterated its recommendation Tuesday that shareholders accept the takeover offer of approximately €1.2 billion ($1.4 billion) from a management-led bidding group, after the consortium confirmed it would not increase its bid for the ferry business.
Irish Continental Group reiterated its recommendation Tuesday that shareholders accept the takeover offer of approximately €1.2 billion ($1.4 billion) from a management-led bidding group, after the consortium confirmed it would not increase its bid for the ferry business.
Mobico said Tuesday it has agreed in principle to offload its West Midlands bus business for around £29.5 million ($40 million), as authorities look to bring the network under public control.
Retail giant Frasers said Tuesday that more Hugo Boss investors have accepted its offer to acquire additional shares in the business under a planned €2.6 billion ($3 billion) deal, effectively increasing its stake in the business to nearly 48%.
Pinsent Masons LLP has advised Polish brokerage business MJM Group on its acquisition of a health insurance distributor and a digital administrator of group life insurance programs in the central European country.
British insurance broker Jensten Group has acquired the largest franchise within the wider Coversure Insurance Services network in the U.K. to solidify its regional footprint and broking capabilities.
An investor in Cuban real estate said Tuesday that Guernsey's financial regulator will appoint a court administrator for the company after U.S. sanctions triggered the loss of key banking, service provider and business relationships.
A tribunal has ordered the Bank of England to hand over documents that could shed light on whether a Mitie Ltd. worker was unfairly dismissed after he was excluded from a transfer to another security provider.
Simmons & Simmons LLP said Tuesday that it has expanded its fund finance bench with a lawyer from Reed Smith LLP who joins as a partner, marking Simmons & Simmons' second hire from the U.S. firm's funds team in two months.
The Crime and Policing Act 2026 recently entered into force, highlighting a growing emphasis on governance and senior management oversight, the influence of compliance on commercial decision-making, and an overlap between legal and regulatory risk across jurisdictions, say lawyers at McDermott.
