Private equity firm Apax Partners LLP will buy two businesses from Gerresheimer AG of Germany for €1.5 billion ($1.7 billion), the companies said Wednesday, as they seek expansion for the pharmaceutical packaging companies in the U.S.
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THURSDAY, JULY 30, 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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Sullivan & Cromwell Aids Apax's €1.5B Packing Cos. Purchase

By Najiyya Budaly

Private equity firm Apax Partners LLP will buy two businesses from Gerresheimer AG of Germany for €1.5 billion ($1.7 billion), the companies said Wednesday, as they seek expansion for the pharmaceutical packaging companies in the U.S.

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Australian Asset Manager Perpetual Rejects $1.8B EQT Bid

By Najiyya Budaly

Australian financial services group Perpetual said Wednesday that it has rejected a third approach from Swedish private equity unit EQT of 2.6 billion Australian dollars ($1.8 billion), but indicated that it would be open to an improved proposal.

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Burges Salmon-Led Aston Martin Scheme Seals Aviva Deal

By Tom Fish

Carmaker Aston Martin has completed a £180 million ($239 million) bulk purchase annuity buy-in, securing the pensions of almost 1,600 members, Aviva PLC said Wednesday.

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DEALS

Brokerage Buys Gibraltarian Biz Managing £3.8M In Premiums

By Tom Fish

Seventeen Group has acquired Senate Insurance Brokers of Gibraltar as the U.K. insurance intermediary seeks to expand its presence in the British overseas territory and southern Spain.

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WTW Works With CMS On Simplified Longevity Insurance

By Martin Croucher

Insurance broker WTW has partnered with law firm CMS to establish a service aimed at broadening access to a £170 billion ($226 billion) longevity insurance market for smaller pension plans.

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Haynes Boone-Led Data Biz To Buy Rail Specialist For £48M

By Tom Fish

U.K. transport technology company Tracsis said Wednesday it has agreed to acquire rail software provider Mistral Data from operator FirstGroup for £48 million ($64 million), as the industry prepares for the nationalization of Britain's railways.

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CAPITAL MARKETS

UBS Unveils $3B Buyback With Strong 1st-Half Results

By Dawood Fakhir

UBS said Wednesday that it has launched a $3 billion share buyback program after the Swiss financial services giant reported a net profit of $5.8 billion for the first half of 2026.

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Barclays Starts £1B Buyback To Shrink Share Capital

By Dawood Fakhir

Barclays PLC said Wednesday it has launched a new share buyback program of £1 billion ($1.3 billion), a day after it posted a profit before tax of approximately £6 billion for the first half of 2026.

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Brief

Standard Chartered Announces $1B Share Buyback

By Irene Madongo

Standard Chartered announced the imminent start of a new $1 billion share buyback on Wednesday as the banking giant reported a strong performance for the first half of the year.

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PEOPLE

Orrick Hires 3 Project Finance Pros From Willkie In Paris

By Ashish Sareen

Orrick Herrington & Sutcliffe LLP said Wednesday that it has hired a team of three project finance lawyers from Willkie Farr & Gallagher LLP to boost its energy and infrastructure practice in Paris.

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LAW FIRMS IN TODAY'S NEWS

Burges Salmon

CMS Cameron McKenna

Dechert LLP

Haynes Boone

Latham & Watkins

Nabarro LLP

Orrick Herrington

Sullivan & Cromwell

Willkie Farr

COMPANIES IN TODAY'S NEWS

Apax Partners

Aston Martin Lagonda Ltd.

Australian Securities Exchange

Aviva PLC

Aviva SA

Barclays PLC

Citigroup Inc.

Commerzbank

Credit Suisse Group AG

EQT AB

EQT Corp.

FirstGroup PLC

Morgan Stanley

Perpetual Ltd.

PricewaterhouseCoopers LLP

SIX Swiss Exchange

Standard Chartered PLC

The Goldman Sachs Group Inc.

UBS Group AG

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition and Markets Authority