Banco BPM Drops Merger Talks With Monte Paschi

By Najiyya Budaly

Italian lender Banco BPM has said that it has abandoned talks for a merger with Monte dei Paschi di Siena, paving the way for the country's largest lender, Intesa Sanpaolo, to move ahead with its €30.6 billion ($35.3 billion) takeover.

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Belgian Insurer Ageas Offloads Malaysia JV Stake For €1.1B

By Dawood Fakhir

European insurance company Ageas said Monday that it has agreed to sell its stake in a Malaysian joint venture to its business partner for €1.1 billion ($1.27 billion), ending a 25-year partnership.

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Squire Patton Guides £300M Elementis-Aviva Pension Deal

By Dawood Fakhir

Insurance giant Aviva said Monday that it has completed a £300 million ($404 million) buy-in transaction with a trustee of a pension program sponsored by Elementis PLC, one of the U.K.'s largest specialty chemicals and personal care businesses.

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FCA Sets Rules To Cut Transaction Reporting Costs By £108M

By Alex Davidson

The Financial Conduct Authority said Monday that it has finalized simpler rules on transaction reporting that will save the investment industry £108 million ($145 million) a year and boost Britain's competitiveness.

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AGs, WGA Want April Merger Trial, Paramount Wants Nov.

By Bryan Koenig

Paramount Skydance Corp. battled over trial timing Friday as the Writers Guild of America and state attorneys general challenge its $110 billion acquisition of Warner Bros. Discovery Inc., in a joint California federal court brief where the plaintiffs sought April 2027 proceedings and the companies proposed a November kickoff.

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Monthly Merger Review Snapshot

By Matthew Perlman

A group of state enforcers challenged Paramount's planned $110 billion acquisition of Warner Bros. Discovery, as a separate group of states and DirecTV accused Nexstar of violating an order preventing it from integrating with Tegna and the Federal Trade Commission faced a bench trial seeking to block a constructive adhesive deal.

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Brief

Paddy Power Owner Bets On Sole NYSE Listing, Quits LSE

By Irene Madongo

The owner of gambling giant Paddy Power confirmed Monday that it has quit the London Stock Exchange after a review of the cost of listing there and the level of trading activity in its stock.

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Brief

Dentons-Led Capita Completes Sale Of Unit For Up To £61.5M

By Irene Madongo

Outsourcer Capita said Monday that it has completed the sale of its private-sector contact center business to investment company Inspirit Capital in a deal worth up to £61.5 million ($82.7 million) as it continues to streamline its business.

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