Latham Steers SpaceX IPO Underwriters In UK

By Dawood Fakhir

Latham & Watkins LLP said on Friday that it acted as lead adviser to British banks underwriting SpaceX's $75 billion initial public offering on the Nasdaq stock exchange.

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Dairy Co-Operative Sells Glanbia Shares For €258M

By Dawood Fakhir

Irish dairy co-operative Tirlán said Friday that it has raised approximately €257.6 million ($298 million) by selling a part of its investment in nutrition company Glanbia PLC in a deal that decreased its holding by 5%.

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Storebrand To Buy Norwegian Insurer For $59M

By Dawood Fakhir

Nordic asset manager Storebrand said Friday that it has agreed to acquire Knif Trygghet, a Norwegian non-life insurer, for 560 million Norwegian krone ($58.7 million) in an all-share transaction from rival Knif AS.

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Drinks Co. Says $1.1M Wine IP Battle Judgment Won By Fraud

By William Janes

A U.K. drinks business has accused an American beverage brand creator of obtaining a $1.1 million U.S. court judgment by fraud in a dispute over the British company's purchase of a wine brand.

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Roundup

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

By Laura Stewart Liberty

The past week in London has seen the FCA bring a claim against a fund manager it accused of providing investment services despite having been banned, an Ardmore unit sue a contractor two days before the construction group's collapse, and shipping and cruise giant MSC hit back at an entertainment company following separate intellectual property litigation in the U.S. Here, Law360 looks at these and other new claims in the U.K.

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Roundup

Taxation With Representation: Gibson Dunn, Davis Polk, S&C

By Zak Kostro

In this week's Taxation With Representation, SpaceX prices a $75 billion initial public offering at its designated price range, Apollo Global Management leads a capital commitment for a Broadcom initiative to build artificial intelligence infrastructure for companies including Anthropic, and pharma giant GSK acquires cancer therapy specialist Nuvalent.

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Brief

Paddy Power Owner Flutter Gambles On Quitting LSE

By Irene Madongo

Gambling giant Flutter said Friday it plans to quit the London Stock Exchange after it reviewed the level of trading activity of its shares, the cost of listing on the platform, and regulatory and administrative obligations.

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Brief

Software Biz TruFin Eyes £80M Returns After Playstack Sale

By Irene Madongo

Software and lending solutions provider TruFin PLC said Friday that it plans to return £80 million ($107.3 million) to shareholders following the recent completion of the sale of its game developer Playstack Ltd.

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Brief

Ageas UK Links With Insurtech Wrisk In Business Drive

By Irene Madongo

Ageas UK said it has struck up a partnership with insurtech Wrisk and joined its panel of motor insurance providers, a move it believes will help its clients get the most suitable cover for their needs.

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