Transactions UK

  • July 04, 2024

    UK Insurer Utmost Group Plans £200M Buy Of Rival

    Utmost Group PLC said Thursday that it has agreed to buy rival insurer Lombard International Assurance Holdings Sarl for more than £200 million ($255 million), strengthening its presence in key European markets.

  • July 04, 2024

    UK Insurance Investor Expands In Poland, Buys Broker

    Insurance acquisition vehicle PIB Group Ltd. said Thursday that it has bought a Polish broker, Nord Group, strengthening its foothold in the Eastern European country.   

  • July 04, 2024

    Investor NewRiver Buys Property Manager For Up To £9M

    Property investor NewRiver REIT PLC said on Thursday that it has bought Ellandi Management Ltd., an asset and development manager, for up to £9 million ($11.5 million) in a move to diversify its business and boost its assets under management.

  • July 04, 2024

    British Biz To Buy US Material Analysis Co. For $260M

    Spectris PLC said Thursday that it has acquired SciAps Inc., a U.S. manufacturer of analysis instruments, for up to $260 million as the British high-tech instrument maker seeks to expand its presence in North America.

  • July 04, 2024

    Pension Deals Market 'Driven By Transactions Under £100M'

    The record number of pension deals in the U.K. last year was driven primarily by smaller transactions of less than £100 million ($127.6 million), a consultancy has said.

  • July 04, 2024

    Tech Co. Knew IP Woes From Soured Deal, AI Video Biz Says

    An AI video analytics business has told a London court that a security technology company it accused of failing to pay up after acquiring its intellectual property should have been aware that its CCTV-analyzing technology might contain bugs.

  • July 04, 2024

    London IPO Market Gaining Momentum, EY Study Finds

    The London Stock Exchange attracted eight companies to take a listing in the first sixth months of 2024, raising a total of £513.8 million ($655.3 million), EY has said, signaling that the IPO market is gaining some momentum after a challenging couple of years.

  • July 04, 2024

    Barclays Sells €4.7B German Consumer Biz To Austrian Bank

    Barclays PLC said Thursday that it will sell its €4.7 billion ($5.1 billion) German consumer finance business to Austrian lender BAWAG as the British bank moves to simplify its operations.

  • July 03, 2024

    PIC Seals £1.2B 2nd TotalEnergies UK Pension Plan Buy-in

    Pension Insurance Corporation PLC on Wednesday concluded a £1.2 billion ($1.5 billion) second buy-in with the trustee of TotalEnergies UK Pension Plan, a deal considered the largest completed pension scheme buy-in thus far this year, according to an announcement by PIC.

  • July 03, 2024

    Homes Developer Cairn Kicks Off €45M Share Buyback

    Cairn Homes PLC on Wednesday began an up to €45 million ($48.6 million) share repurchase program aimed at lowering its outstanding share capital.

  • July 03, 2024

    British Life Science Investor Syncona Unit Raises $170M

    Medical technology company Beacon Therapeutics has raised approximately £134 million ($170 million) in its second round of funding from new and existing investors including venture capital firms and the University of Oxford, its parent company Syncona said in a statement Wednesday.

  • July 03, 2024

    Vodafone Extends Virgin Media O2 Deal To Boost Competition

    Vodafone said on Wednesday that it sealed a fresh network-sharing agreement with telecommunications rival Virgin Media O2 for the next decade, as it looks to alleviate U.K. antitrust concerns over its £16.5 billion ($21 billion) deal to buy Three.

  • July 03, 2024

    Brown & Brown Unit Buys Employee Benefits Firm Advo

    Brown & Brown (Europe) Ltd. said Wednesday that one of its subsidiaries has acquired employee benefits intermediary Advo Group Ltd., in a deal guided by Birketts LLP and DMH Stallard, for an undisclosed fee.

  • July 03, 2024

    Swiss Ventilation Firm Zehnder Buys Spanish Rival For €86M

    Zehnder Group said Wednesday it has bought Spanish ventilation company Siber for €86 million ($93 million), a move it believes will strengthen its presence in southern Europe.

  • July 03, 2024

    Financial Intel Biz Buys Abrdn's Compliance Unit For £14.6M

    Financial data intelligence provider Fintel said Wednesday that it has acquired Threesixty Services, a business support company, from British investment giant Abrdn for £14.6 million ($18.5 million) to boost its portfolio.

  • July 03, 2024

    Lufthansa's €325M ITA Air Takeover Gets Conditional EU Nod

    Europe's antitrust authority said Wednesday that it has conditionally backed Lufthansa's plan to buy a 41% stake in ITA Airways for €325 million ($350 million) if the carriers hand over flight slots to rival airlines.

  • July 03, 2024

    Video Gaming Biz Agrees To EQT's £2.1B Takeover Offer

    The board of Keywords Studios PLC said Wednesday that it has backed a £2.1 billion ($2.7 billion) takeover offer put forward by Swedish private equity firm EQT AB, a move that will pull another company from London's capital markets.

  • July 02, 2024

    Gambling Biz Settles €273M Buyout Dispute With Financier

    Gambling hall operator MaxBet has settled a host of international legal disputes with Luxembourg-based financial holdings company Maximus stemming from a deal for Maximus to purchase various MaxBet-owned businesses that went south, lawyers for MaxBet told Law360 on Tuesday.

  • July 02, 2024

    £8.5M Property Deal Said To Defraud Creditors In Debt Row

    A British Virgin Islands-registered company has asked a London court to declare that the transfer of an estimated £8.5 million ($10.8 million) property by one of its debtors was done to intentionally hinder the company's chances to reclaim the money it is allegedly owed.

  • July 09, 2024

    Lawrence Stephens Hires 2 Directors From Rosling King

    Ann Ebberson and Alex Edwards have joined Lawrence Stephens Ltd. from Rosling King LLP as directors on the real estate finance and banking teams.

  • July 02, 2024

    FCA Approves PE Firm's £432M Bid For Wealth Manager

    Wealth management firm Mattioli Woods said Monday that the U.K.'s financial regulator has given a green light to its approximately £432 million ($546 million) acquisition by London private equity firm Pollen Street Capital.

  • July 02, 2024

    Video Game Publisher Devolver Raises £8M Through Placing

    Devolver Digital Inc. said Tuesday it has successfully raised about £7.9 million ($10 million) by issuing shares to investors, funds the video game publisher said will help bolster its balance sheet.

  • July 02, 2024

    Liechtenstein Bank To Buy Austria's Kantonalbank

    Liechtensteinische Landesbank AG, a Liechtenstein-based lender known as LLB, said Tuesday that it agreed to buy Austrian bank Zürcher Kantonalbank Österreich AG in an all-cash deal. The purchase price was not disclosed.

  • July 02, 2024

    Just Group Lands £260M Aviation Co. Pension Deal

    Insurer Just Group on Tuesday announced it has taken on £260 million ($328.7 million) worth of pension liabilities from a retirement savings plan sponsored by aviation company John Menzies Ltd., in a deal guided by Brodies LLP and Gowling WLG.

  • July 02, 2024

    REIT Impact Healthcare Sells 5 Care Homes For £8.8M

    U.K. care home investor Impact Healthcare REIT PLC said on Tuesday that it has agreed to sell five of its properties in England and Wales in two separate deals worth a total of £8.8 million ($11.1 million).

Expert Analysis

  • How Market Challenges Are Affecting Deal-Making Trends

    Author Photo

    As private equity investors adjust to a new period of volatility and uncertainty in the marketplace, various trends in deal making are emerging in order to bridge valuation gaps and address financing concerns, say Alvaro Membrillera and Anna Pollak at Paul Weiss.

  • What Digital Asset Decisions Mean For Future Disputes

    Author Photo

    Following a number of recent landmark decisions in the English courts, the law continues to develop in the sphere of digital assets, and several themes are emerging that will benefit both individuals and organizations, say Chris Recker at Duane Morris and Celso De Azevedo at The 36 Group.

  • A Look At UK's 1st Report On Security Regime For Deals

    Author Photo

    The U.K. government’s recent report on the National Security and Investment Act, covering its first three months since it came into force in January, suggests that the regime may not be leading to a surge in benign notifications and that the government is responding quickly, which is good news for businesses, say attorneys at Cooley.

  • What EU Changes To Dual Distribution Mean For Franchises

    Author Photo

    Following the European Commission’s adoption of the Vertical Block Exemption Regulation and accompanying vertical guidelines regarding dual distribution, which took effect this month, franchisors should examine their flow of information to and from franchisees to determine whether it must be restricted, say attorneys at Baker McKenzie.

  • How ESG Matters Are Influencing M&A Due Diligence Trends

    Author Photo

    With a proliferation of environmental, social and governance-related regulatory developments and a desire to comply with best practice, ESG matters have become an increasingly important area of focus for both clients and advisers in M&A transactions, say attorneys at Sullivan & Cromwell.

  • Changes To UK Competition Rules Will Extend CMA Powers

    Author Photo

    Recent amendments to U.K. competition and consumer law regimes introduce changes to merger control and antitrust investigations that will result in the speedier resolution of cases and greater autonomy for the Competition and Markets Authority, say Bill Batchelor and Aurora Luoma at Skadden.

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!