Transactions UK

  • August 13, 2024

    JPMorgan Trust Seeks Shareholder Nod For Equity Raise

    JPMorgan Global Growth & Income PLC said Tuesday that it is seeking approval from its shareholders to grant the investment trust the authority to issue up to 200 million of its shares in light of strong investor demand.

  • August 13, 2024

    CleanTech Lithium To List On ASX, Raise $13M

    CleanTech Lithium said Tuesday that it is planning to list a certain class of its shares on the Australian stock exchange in an initial public offering that is expected to raise approximately 20 million Australian dollars ($13 million) for the Chile-focused mining group.

  • August 13, 2024

    Italy's TIM To Sell Final 10% Stake In Tower Biz For €250M

    Gruppo TIM SpA said Tuesday it has agreed to sell its final 10% stake in Wireless Italiane SpA for approximately €250 million ($273 million) to a consortium, as the Italian telecommunications giant shifts its focus to the Brazilian market.

  • August 13, 2024

    Linklaters-Led Fund Buys Blackstone JV Homes For £405M

    Britain's biggest private pension fund said on Tuesday that it has acquired 3,000 shared-ownership homes from a joint venture that is majority-owned by Blackstone Inc. for £405 million ($518 million).

  • August 12, 2024

    PE Firms Aim To Escape RICO Suit Over Inadequate Claims

    Investment firms Advantage Capital Holdings and 777 Partners separately have asked a federal judge in New York to toss a Racketeer Influenced and Corrupt Organizations suit whose allegations include fraud, saying the plaintiff failed to sufficiently plead its claims.

  • August 12, 2024

    UK Competition Watchdog Looking Into $35B Software Deal

    The U.K.'s competition regulator said Monday it is delving into whether Synopsys Inc.'s $35 billion acquisition of Ansys Inc. will hurt competition in the region.

  • August 12, 2024

    Nokia Resets Merger Review Clock For $2.3B Infinera Deal

    Nokia has agreed to give the U.S. Department of Justice more time to review its planned $2.3 billion purchase of Silicon Valley optical-transmission equipment maker Infinera for potential competition concerns.

  • August 19, 2024

    Kirkland Hires Simmons & Simmons' Antitrust Head In London

    Kirkland & Ellis LLP announced Monday that it has recruited the head of competition, antitrust and trade at Simmons & Simmons LLP in a move to boost its capabilities representing clients in U.K. and European Union matters in its London office.

  • August 12, 2024

    UK To Look Deeper Into Amex GBT's $570M Buy Of CWT

    Britain's antitrust regulator said Monday that it has referred American Express Global Business Travel's proposed acquisition of rival CWT for an in-depth second phase of investigation over concerns the approximately $570 million deal could hurt competition in the country.

  • August 12, 2024

    DWF Guides Cancer Biotech Biz BiVictriX On Quitting AIM

    BiVictriX Therapeutics PLC proposed on Monday to cancel its listing on the junior Alternative Investment Market in London and go private, citing poor fundraising prospects and the cost of being on the index, advised by DWF LLP.

  • August 12, 2024

    Fintech Biz Initiates 1st Tranche Of £150M Buyback Program

    IG Group Holdings PLC said Monday that it has commenced the first tranche of its £150 million ($191 million) share buyback program, which was announced in July to reduce its number of shares in the market.

  • August 12, 2024

    Turkish Biz Won't Raise $310M Bid For Cruise Port Operator

    Turkish conglomerate Global Yatirim Holding AS said on Monday that it will not raise its buyout price for the remaining shares of U.K. cruise port operator Global Ports Holding PLC that it does not already own.

  • August 12, 2024

    Linklaters-Led Bharti To Buy 24.5% BT Stake From Altice

    Bharti Enterprises said Monday that it has agreed to buy a stake of approximately 24.5% in telecommunications giant BT Group PLC as the Indian conglomerate seeks to expand its global presence.

  • August 09, 2024

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

    This past week in London has seen China Evergrande Group file a commercial fraud claim against its founder's ex-wife, legal action by Manolete Partners against the directors of an insolvent construction company, VietJet tackle a claim by French banking group Natixis and more developments in the "Dieselgate" scandal. Here, Law360 looks at these and other new claims in the U.K.

  • August 09, 2024

    Volvo To Buy Back Shares Worth $28.5M For Employees

    Automaker Volvo said Friday that it is planning to buy back up to 300 million Swedish krona ($28.5 million) of its shares over the next few weeks to secure the stock for ongoing share-based incentive programs for its employees.

  • August 09, 2024

    Renewables Investor Trig Begins £50M Share Buyback

    The Renewables Infrastructure Group on Friday rolled out a share repurchase program worth up to £50 million ($64 million) in a move expected to lower its outstanding share capital.

  • August 09, 2024

    UK Energy Biz Bowleven To Quit London's AIM To Cut Costs

    Bowleven PLC said on Friday it plans to delist from the junior Alternative Investment Market in London, as the oil and gas explorer eyes cutting costs and focus on its core energy asset off the coast of Cameroon.

  • August 09, 2024

    Food Tech Biz JBT's Investors Approve €3.5B Deal With Rival

    JBT Corp. shareholders have approved plans to buy out Iceland-based rival Marel HF for €3.5 billion ($3.8 billion), as the U.S. food processing technology giant moves to expand the company.

  • August 09, 2024

    Hargreaves Lansdown Agrees To £5.4B CVC Takeover Offer

    Hargreaves Lansdown PLC said Friday that its board has agreed to a £5.4 billion ($6.9 billion) take-private offer from a consortium of private equity companies, including CVC and the sovereign wealth fund of Abu Dhabi.

  • August 08, 2024

    Wilson Sonsini, A&O Shearman Guide $688M Biotech Merger

    Salt Lake City-based Recursion said Thursday it has inked a deal to purchase fellow drug design and development company Exscientia for approximately $688 million, under the guidance of Wilson Sonsini Goodrich & Rosati PC. 

  • August 08, 2024

    Revolution Bar Chain Wins Greenlight For Restructuring Plan

    Revolution Bars was granted approval for a restructuring plan on Thursday as a London court concluded that it was a better approach than the alternative of allowing the struggling hospitality business to collapse into insolvency.

  • August 08, 2024

    Barratt, Redrow To Engage With CMA Over Deal Concerns

    Barratt Developments PLC and Redrow PLC said in a joint statement Thursday that they will address concerns raised by the Competition and Markets Authority regarding Barratt's planned takeover of its rival homebuilder for £2.5 billion ($3.2 billion).

  • August 08, 2024

    Deliveroo To Buy Back £150M Worth Of Shares

    Food courier Deliveroo PLC said Thursday it will reward investors through a share repurchase program worth up to £150 million ($190 million), as it reported an improvement in its earnings.

  • August 08, 2024

    REIT Assura To Buy Rival's Hospital Portfolio For £500M

    Assura PLC said Thursday it has agreed to buy competitor Northwest's private hospital portfolio for £500 million ($633.9 million), as the U.K. property investor eyes increasing its stake in the growing self-pay healthcare sector.

  • August 08, 2024

    UK Launches Formal Probe Into Amazon's $4B AI Investment

    Britain's antitrust authority launched a formal probe on Thursday into Amazon's $4 billion investment in Anthropic, a U.S. artificial intelligence startup, as it seeks to establish whether it could harm competition in U.K. markets.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Transactions UK archive.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!