Try our Advanced Search for more refined results
Transactions UK
-
April 18, 2025
Taxation With Representation: Davis Polk, Simpson Thacher
In this week's Taxation With Representation, Global Payments Inc. buys Worldpay from GTCR and FIS, Intel Corp. sells a stake in its Altera business to Silver Lake, KKR acquires OSTTRA from S&P Global and CME Group, and Canada's Capital Power Corp. nabs two U.S. natural gas power plants.
-
April 17, 2025
OpenAI Eyes Windsurf, Activist Targets HP, And More Rumors
OpenAI is preparing to bid about $3 billion to acquire coding developer Windsurf, activist fund Elliot Investment Management has purchased a major stake in Hewlett Packard with an eye toward pushing changes at the information technology giant, and private equity giant KKR is considering selling Atlantic Aviation for $10 billion.
-
April 17, 2025
Mubadala Joins $14.5B Education JV With $600M Investment
Mubadala Investment Co. said Thursday it will acquire a minority stake in Nord Anglia Education for $600 million, joining an EQT-led consortium that purchased the international schools organization in a $14.5 billion deal that closed last month.
-
April 17, 2025
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen the producers of West End show "Elf the Musical" face a contract dispute, Korean biotech company ToolGen Inc. bring a fresh patents claim against pharma giant Vertex, and ousted car tycoon Peter Waddell bring a claim against the private equity firm that backed his business. Here, Law360 looks at these and other new claims in the U.K.
-
April 17, 2025
InPost Expands In UK With £106M Buy Of Yodel
Parcel delivery service InPost said Thursday that it has acquired rival Yodel for approximately £106 million ($141 million) in a "game-changing move," becoming the third-largest agnostic logistics player in the U.K., which will "dramatically" accelerate its growth.
-
April 17, 2025
IT Company Capgemini Buys Delta Capita Compliance Unit
French tech giant Capgemini SE said Thursday it has acquired the Dutch subsidiary of consultancy Delta Capita Group Ltd., as it strengthens its financial crime and regulatory compliance services in Europe.
-
April 17, 2025
Sainsbury's To Launch Fresh Buyback Worth At Least £200M
Retail giant Sainsbury's unveiled a share repurchase program worth at least £200 million ($265 million) on Thursday as it reported a jump in profit and a record-breaking year in groceries.
-
April 17, 2025
Rental Services Biz Aims To Seek New Investors Via AIM Float
RentGuarantor Holdings PLC said Thursday that it intends to list on the London Stock Exchange later in 2025 as the rental services company looks to attract a broader spectrum of investors.
-
April 17, 2025
VietJet Must Pay Investor $180M In Plane Lease Dispute
A Vietnamese budget airline must pay the subsidiary of an international private investment company more than $180 million for failing to return its planes, as a judge ruled Thursday that a termination clause in the lease agreement was not a penalty provision.
-
April 17, 2025
BoE Insurance Reforms Could Harm Pension Deal Prices
New freedoms that would allow insurers to invest more easily in a wider range of instruments could lead to reduced pricing for pension funds approaching the bulk purchase annuity market, a broker has said.
-
April 17, 2025
Insurer Markel Buys Marine Specialist Underwriter Meco
Insurance company Markel has said it has penned a deal to buy The Meco Group, a specialist marine managing general agent, as it seeks to boost its range of services
-
April 17, 2025
Onyx-Led Consortium Gets More Time For Titanium Miner Bid
Ireland's takeover watchdog has given a consortium led by asset manager Oryx an additional month to make a firm offer for Kenmare Resources PLC or walk away from the deal, the titanium miner said Thursday.
-
April 17, 2025
Barclays To Offload Payments Business To Brookfield
British lender Barclays Bank PLC said Thursday that it plans to sell most of its payments business to U.S. asset manager Brookfield in a move to realize the money it has invested in the subsidiary.
-
April 16, 2025
84% Of M&A Pros Plan To Use GenAI By 2027, Study Finds
Legal professionals anticipate the majority of mergers and acquisition engagements will be completed using artificial intelligence within the next five years, according to a survey published Tuesday by legal technology giant Litera, with nearly all respondents believing AI tools will become a standard part of document review and due diligence during the transaction process.
-
April 16, 2025
Baker McKenzie-Led Lyft To Buy Rival Freenow For €175M
Ride hailing service Lyft Inc. said Wednesday that it has agreed to acquire European competitor Freenow from BMW Group and Mercedes-Benz Mobility for approximately €175 million ($199 million) in a deal guided by Baker McKenzie and DLA Piper.
-
April 16, 2025
Outsourcer Mitie Unveils £125M Share Buyback
Mitie Group PLC rolled out a £125 million ($166 million) share repurchase program and unveiled a positive trading update for the new financial year on Wednesday.
-
April 16, 2025
PE Unit HSQ Wins Backing For Wealth Manager Deal
Private equity firm Pollen Street subsidiary HSQ said Wednesday it has nearly completed its acquisition of Kingswood that values the business at £48 million ($63.7 million), having now bought or agreed to buy 99.27% of its shares.
-
April 16, 2025
Hengeler Mueller-Led KKR To Buy German IT Biz For €451M
Private equity giant KKR & CO. Inc. has agreed to acquire German IT services company Datagroup SE for approximately €451 million ($512 million) in a deal guided by Heuking and Hengeler Mueller.
-
April 16, 2025
FCA Plans More Changes To Simplify Investment Information
The financial watchdog said Wednesday that it plans to further simplify information provided to U.K. retail investors in post-Brexit Britain by removing the requirement for fund managers to report on small price movements while trades are executed.
-
April 16, 2025
Reinsurer Compre Boosts Portfolio With Covéa US Unit Deal
Reinsurer Compre Group said Wednesday that it has bought a U.S. subsidiary of French mutual insurer Covéa, to add to its portfolio of legacy insurance companies.
-
April 15, 2025
Cloud Startup Figma Confidentially Files IPO Amid Volatility
Cloud-based design platform Figma Inc. said Tuesday it confidentially filed for an initial public offering, marking a first step toward going public during tense times for equity markets and coming more than one year after a failed merger with Adobe.
-
April 15, 2025
Ideagen Says K10 Vision Misled Clients With False Product Ties
Audit software company Ideagen Ltd. has accused the former owners of a business it acquired for over £19 million ($25.1 million) of tricking clients into defecting to a rival startup through false claims of involvement in developing a key Ideagen product.
-
April 15, 2025
Professional Services Biz Debuts On AIM After Raising £98M
Accountancy and advisory services provider MHA PLC began trading its shares on London's junior market Tuesday, after raising approximately £98 million ($130 million) through share sales.
-
April 15, 2025
Kirkland-Led Canadian Biz Buys Auto Parts Maker For £1B
TI Fluid Systems said Tuesday that its more than £1 billion ($1.3 billion) takeover by a Canadian rival, ABC Technologies Inc., has been completed, triggering the exit of the auto parts maker and supplier from the London Stock Exchange.
-
April 15, 2025
Haleon Paying $221M For Full Control Of Chinese Pharma JV
British consumer healthcare company Haleon PLC said Tuesday it has agreed to purchase the remaining 12% stake in its Chinese joint venture, Tianjin TSKF Pharmaceutical Co., for 1.623 billion yuan ($221 million) after increasing its stake to 88% last year.
Expert Analysis
-
How CMA Is Responding To UK Gov't Pro-Growth Agenda
With the U.K. government’s recent call for the Competition and Markets Authority and other regulators to better support economic growth, the competition policy landscape is shifting materially toward an emphasis on a more proportionate and targeted approach to merger enforcement, say lawyers at Macfarlanes.
-
What Latest VC Model Document Revisions Offer UK Investors
Recent updates to the British Private Equity and Venture Capital Association model documents, reflecting prevailing U.K. market practice on early-stage equity financing terms and increasing focus on compliance issues, provide needed protection for investors in relation to the growth in global foreign direct investment regimes, say lawyers at Davis Polk.
-
What Cos. Must Note From FCA Bulletin On Leaking M&A Info
The Financial Conduct Authority’s recent bulletin on strategic leaks in merger and acquisition transactions, as the second such publication in four months, acts as a warning for issuers and their advisers to tighten up their current policies for handling inside information, say lawyers at Herbert Smith.
-
Key Takeaways From The 2025 Spring Antitrust Meeting
Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.
-
What To Know About FCA's UK Listing Rules Proposal
A recent consultation paper from the Financial Conduct Authority aims to streamline the securities-listing process for U.K.-regulated markets, including by allowing issuers to submit a single application for all securities of the same class, and aligning the disclosure standards for low-denomination and wholesale bonds, say lawyers at Debevoise.
-
Issues To Watch At ABA's Antitrust Spring Meeting
Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.
-
What To Note In EU Tech Transfer Agreements Consultation
Robert Klotz at Steptoe explains the European Commission’s main contemplated amendments to a regulation that exempts certain technology transfer agreements from European Union restrictions, the current political context around the ongoing reform, and as its potential consequences for businesses.
-
UK Refusal Of US Extradition Request May Set New Standard
The recent U.K. Supreme Court ruling in El-Khouri v. U.S., denying a U.S. extradition request, overturns a long-held precedent and narrows how U.K. courts must decide such requests, potentially signaling a broader reevaluation of U.K. extradition law, say lawyers at Dechert and Kingsley Napley.
-
Key Findings From EU Report On Antitrust Remedies
Although the European Commission’s recent report assessing the effectiveness of its antitrust policy on behavioral remedies is not binding, it may influence future cases and promote coherence, providing useful insights for national competition authorities and courts when considering remedies in their own jurisdictions, say lawyers at Paul Weiss.
-
New UK Order Offers Welcome Clarity To Crypto Staking Rules
The recently effective Financial Services and Markets Act 2000 Amendment Order clarifies that arrangements for qualifying crypto-asset staking do not amount to a collective investment scheme, and by addressing an issue that curtailed staking activities in the U.K., facilitates the use of that practice, says Andrew Henderson at Goodwin.
-
How EU Competition Policy Will Affect State Aid Rules
The European Commission’s recent competitiveness compass policy indicates its ambitions for the European Union to become an economic powerhouse, leveraging a new coordination tool that would affect state aid rules and boost public support for green energy investments, say lawyers at Linklaters.
-
Banker Remuneration Proposals Could Affect More Than Pay
The Financial Conduct Authority and Prudential Regulation Authority’s pending proposals to reduce banker remuneration restrictions bring obvious personal financial advantages for bankers, but may have repercussions that result in increased scrutiny of bonus payments and wider changes to workplace culture and overall accountability, say lawyers at Fox Williams.
-
Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
-
EU Paper Urges Data Protection And Competition Law Unity
A recent European Data Protection Board position paper calls for closer cooperation among data protection and competition authorities, and provides valuable insight for businesses seeking to ensure compliance across an increasingly complex regulatory landscape, say lawyers at Paul Weiss.
-
Decoding Arbitral Disputes: Equal Rights Limit State Immunity
The Court of Appeal of England and Wales' recent determination that Spain’s London embassy could not dodge a former U.K.-based employee’s discrimination claims by invoking sovereign immunity reaffirms its position that employment and human rights should come before the privileges of foreign powers, says Josep Galvez at 4-5 Gray’s Inn.