Linklaters Guides Tate & Lyle's Sweetened £3.7B Buy By Rival

By Dawood Fakhir

Ingredion said Monday it has agreed to acquire U.K. rival Tate & Lyle in a deal worth about £3.7 billion ($5 billion), including debt, as the U.S. ingredient maker seeks to expand its global reach and "help shape the future of food."

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Intesa Sanpaolo Makes €30.6B Bid For Monte Dei Paschi

By Najiyya Budaly

Italy's largest lender, Intesa Sanpaolo, said Monday that it is making a €30.6 billion ($35.2 billion) takeover offer for Monte dei Paschi di Siena — a day after rival Banco BPM called on MPS to open talks on a "merger of equals."

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Roche To Pay Nurix Up To $2.3B In Cancer Drug Deal

By Najiyya Budaly

Swiss healthcare giant Roche said Monday that it will pay U.S. biopharmaceutical company Nurix up to $2.3 billion to codevelop and sell a therapy being developed to treat certain cancers and autoimmune diseases through targeted protein degradation.

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France's SFR Inks $24B Deal For Sale To Telecom Companies

By Al Barbarino

French telecom operators Bouygues Telecom, Iliad and Orange have signed a memorandum of understanding with Altice France to acquire rival SFR in a deal valuing the business at about €20.35 billion ($23.5 billion). 

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UK Launches Probe Into EBay's $1.2B Depop Deal

By Dawood Fakhir

Britain's competition watchdog said Monday that it has initiated a formal probe into eBay's planned $1.2 billion acquisition of Depop, an online marketplace for used apparel, after seeking initial views on the deal.

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MPs Seek Rules Revamp For £200B In New Annual Investment

By Najiyya Budaly

Lawmakers have called for sweeping reforms to the way that businesses seek investment from banks, pension funds and the capital markets in order to raise an additional £200 billion ($267 billion) each year to match the performance of the strongest economies.

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Brief

Addleshaw Goddard Guides BRCK's £31M Acquisition

By Irene Madongo

Building materials distributor BRCK said Monday that it has agreed to buy steel fencing supplier Jacksons for up to around £31 million ($41 million), a transaction it expects will boost its product range.

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Brief

Canadian Energy Co. Touchstone Exploration Raises $10.9M

By Irene Madongo

Touchstone Exploration Inc., a Canadian energy company, said Monday it has completed a fundraising program under which it secured $10.9 million.

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Brief

Shoosmiths, Brown Rudnick Guide Verici Dx's Fundraising

By Irene Madongo

Verici Dx, an organ transplant tests business, on Monday announced a stock issue to raise up to £200,000 ($372,000), in addition to the £2.5 million it secured under a recent share sale.

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Katten Hires Crowell Duo To Launch London Derivatives Team

By Ashish Sareen

Katten Muchin Rosenman LLP has hired two new partners from Crowell & Moring LLP to launch a dedicated structured products and derivatives practice in London, the firm said Monday.

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New FDI Regs Signal Major Changes For M&A Deals In EU

The European Parliament’s recent adoption of the new foreign direct investment regulation represents a major shift from the European Union's current regime, replacing a voluntary fragmented system with a mandatory baseline for screening and introducing procedural requirements that will bring greater consistency across member states, say lawyers at Covington.

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Roundup

Practice Leader Insights

Practice group leaders share thoughts on keeping the pulse on legal trends, tackling difficult cases and what it takes to make a mark in their area in this Expert Analysis series.

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