​The Church of Scotland has completed a £220 million ($296 million) pension buy-in transaction with Just Group PLC, securing the retirement benefits of around 3,500 members, the financial services company said Friday.
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Addleshaw Goddard Steers £220M Church Pension Deal

By Tom Fish

​The Church of Scotland has completed a £220 million ($296 million) pension buy-in transaction with Just Group PLC, securing the retirement benefits of around 3,500 members, the financial services company said Friday.

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Nordic Lender Seeks $65M To Fund MedMera Bank Deal

By Tom Fish

Swedish consumer finance lender Morrow Bank AB said Friday that it will launch a sale of new shares to raise approximately 600 million Swedish kronor ($65 million) to help to finance its acquisition of MedMera Bank AB.

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Traffic Co. Buyer Says Seller Hid Looming Client Loss

By Eddie Beaver

A traffic management company has stood firm on its £6.2 million ($8.3 million) claim for breach of warranty against the former owner of a business it acquired, arguing that he failed to disclose a decline in work from his company's largest customer.

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LITIGATION

Roundup

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

By Megan Norcott

The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against three subsidiaries of dissolved private equity giant Abraaj Group for commercial fraud; and the property and investment vehicle of the State of Kuwait be targeted by four real estate figures who filed a miscellaneous claim. Here, Law360 looks at these and other new claims in the U.K.

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NEWS IN BRIEF

Brief

EU Clears Dairy Cooperatives' Merger Plan

By Tom Fish

The European Commission has approved the proposed acquisition by Arla Foods of DMK Group after concluding that the deal, which would create a farmer-owned dairy cooperative giant, raises no competition concerns in the European Economic Area.

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Brief

EU Greenlights Bahrain Aluminum Giant's French Smelter Buy

By Irene Madongo

The European Commission has given the go-ahead for Aluminium Bahrain BSC to acquire major French smelter Aluminium Dunkerque in a transaction that the companies expect will create an industrial powerhouse.

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Brief

Insurers Paid Out $105M For Rising UK M&A Claims

By Martin Croucher

Insurers paid out $105 million in 2025 on claims linked to corporate mergers and acquisitions, a broker has revealed, marking a steep rise from previous years.

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Brief

Tinned Fish Biz Princes Starts £25M Share Buyback

By Irene Madongo

Princes Group PLC rolled out a share repurchase program of up to £25 million ($34 million) on Friday, as the producer of canned foods moves to reduce its share capital.

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EXPERT ANALYSIS

EU Merger Overhaul Gives New Weight To Deal Efficiencies

The European Commission’s recently published draft merger guidelines mark a recalibration rather than a revolution, yet by elevating efficiencies to a central pillar of assessment they signal a deliberate pivot to innovation and investment, say lawyers at Slaughter and May.

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LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

Advokatfirman Vinge KB

Alston & Bird

Ashfords LLP

Ashurst LLP

Baker Botts

Burness Paull

CMS Cameron McKenna Nabarro Olswang

Carey Olsen

Clyde & Co

Gleiss Lutz

Guildhall Chambers

Harrison LLP

Hill Dickinson

Jones Day

King & Spalding

Lewis Silkin

Mishcon de Reya

Nabarro LLP

Norton Rose

Paris Smith LLP

Penningtons Manches

Pillsbury Winthrop

Quinn Emanuel

Slater and Gordon

Slaughter and May

Squire Patton

Stephenson Harwood

Thompsons Solicitors

Ward Hadaway

White & Case

COMPANIES IN TODAY'S NEWS

Air France-KLM

Aldi GmbH & Co. KG

Allied Irish Banks PLC

Aluminium Bahrain BSCC

American Industrial Partners

American International Group Inc.

Arla Foods Ltd.

BC Partners

BDO LLP

Costco Wholesale Corp.

Gattaca PLC

Howden Broking Group Ltd.

Investments Ltd.

KRyS Global

Kuehne & Nagel International AG

Lendlease Corp.

LinkedIn Corp.

London Stock Exchange Group PLC

Mashreq PSC

MasterCard Inc.

Mediterranean Shipping Co. SA

Nasdaq Inc.

Nordea Bank

Phillips 66

Sappi Limited

Sophos Ltd.

The Abraaj Group

TikTok Inc.

Trafigura Group Pte. Ltd.

UPM-Kymmene

Visa Europe

Vodafone Group PLC

Willis Towers Watson PLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Competition Appeal Tribunal

Competition and Markets Authority

European Commission

European Union

Financial Conduct Authority

Swedish Financial Supervisory Authority

UK High Court