The board of Metro Bank said Thursday that it has begun a formal sale process to seek and assess potential offers in a wider review of its options, three years after the lender narrowly avoided a crisis.
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FRIDAY, NOVEMBER 13, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

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Linklaters Helps Metro Bank Put Itself Up For Sale

By Dawood Fakhir

The board of Metro Bank said Thursday that it has begun a formal sale process to seek and assess potential offers in a wider review of its options, three years after the lender narrowly avoided a crisis.

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Nelson Mullins Advises Serco In $292M Buy Of Tech Supplier

By Irene Madongo

Serco Group said Thursday a subsidiary has agreed to buy the U.S. missile tracking services business of QinetiQ Group for $292 million cash, strengthening the British defense outsourcer's links with the U.S. Army and Navy.

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Wikborg Rein Guides Infrastructure Biz On $73M Buy

By Tom Fish

Marine infrastructure group Endúr ASA said Thursday it has agreed to acquire all shares in Romarheim Entreprenør AS, a deal that values the civil engineering contractor at 700 million Norwegian kroner ($73 million).

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M&A

Fintech Group Banqup To Sell Balkans Biz For €11.5M

By Tom Fish

Banqup Group SA said Thursday is "progressing" with talks to sell its Balkan operations for €11.5 million ($12.7 million), as the Belgian financial technology company moves to streamline its business and repay debts.

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Brief

Birketts Advises On Management Buyout Of Estate Agency

By Irene Madongo

Taylor Gibbs managers Miles Ponder and Charlotte Bourne have acquired stakes of 40% each in the North London estate agency, becoming its main owners in a management buyout advised by Birketts LLP, the law firm said Thursday.

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Clear Group Buys Another Broker Amid Deal Slump

By Dawood Fakhir

Insurance company Clear Group said Thursday it has acquired east England-based specialist broker Blackhawk Insurance Services Ltd., representing a bright spot amid a general slump in dealmaking in the insurance sector.

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PRIVATE EQUITY

GIC, Frey Launch €400M JV To Invest In European Retail Parks

By Laura Stewart Liberty

Singaporean sovereign wealth fund GIC has formed a €400 million ($444 million) equity partnership with French real estate company Frey to invest in premium retail parks across Europe.

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CAPITAL MARKETS

FCA Proposes Fee Cap Relief To Expand Pension Investments

By Joel Poultney

The Financial Conduct Authority proposed reforms on Thursday that would give pension providers greater freedom to invest in a wider range of assets in its broader bid to improve value for retirement savers.

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Brief

Minerals Explorer Targets AIM Float Amid Tungsten Push

By Irene Madongo

Tungsten explorer Liberty Minerals plans to join London's Alternative Investment Market in early December and raise funds to back the development of its projects in the U.S., the company disclosed Thursday.

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MERGER REVIEW

UK CMA Mulls Probe Of Pilgrim's Pride Deli Deal

By Dawood Fakhir

The antitrust regulator said Wednesday it is seeking the market's view on U.S. food and poultry company Pilgrim's Pride's proposed acquisition of Walkers Deli & Sausage Co. to see whether it could harm competition in the U.K.

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LITIGATION

Medical Tech Co. Ex-Employee Fined €67K For Insider Trading

By Tom Fish

Ireland's Central Bank said Thursday it has fined a former HealthBeacon employee €67,580 ($74,800) for selling shares in the medical technology company while possessing confidential information about supply chain problems that later sharply lowered its share price.

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LAW FIRMS IN TODAY'S NEWS

Bass Berry

Birketts LLP

De Pardieu Brocas Maffei

Linklaters LLP

Nelson Mullins

Seyfarth Shaw

Wikborg Rein

COMPANIES IN TODAY'S NEWS

Danske Bank Group

Euronext Amsterdam NV

Francisco Partners

GIC Private Ltd.

Lazard Ltd.

London Stock Exchange Group PLC

Morgan Stanley

National Westminster Bank PLC

Pilgrim's Pride Corp.

QinetiQ Group PLC

RBC Capital Markets

Realty Income Corp.

Serco Group PLC

The Goldman Sachs Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Central Bank of Ireland

Committee on Foreign Investment in the United States

Competition and Markets Authority

Department for Work & Pensions

European Union

Financial Conduct Authority

NATO

U.S. Army

UK Pensions Regulator