Transactions UK

  • February 18, 2025

    UK Probes French Aerospace Group's Planned $1.8B Takeover

    The Competition and Markets Authority said Tuesday that it has launched an investigation into the proposed acquisition by French aerospace group Safran SA of Collins Aerospace's flight-control business for $1.8 billion.

  • February 18, 2025

    Swedish Medical Co. Seals Takeover Of UK Ultrasound Biz

    Surgical Science, a Swedish medical simulation company, said Tuesday it has completed its £45.2 million ($57 million) acquisition of Intelligent Ultrasound Group PLC, in a deal advised by Fieldfisher LLP and Baker McKenzie LLP.

  • February 18, 2025

    Morton Guides £1.5M Pension Deal For Accounting Firm

    An accountancy firm has passed £1.5 million ($1.9 million) of its pension liabilities to Just Group, the insurer said Tuesday, in a deal advised by Morton Fraser MacRoberts LLP.

  • February 18, 2025

    InterContinental Buys Micro Hotel Chain Ruby For €110M

    Hospitality giant InterContinental said Tuesday it has acquired European hotel operator Ruby Sarl for €110.5 million ($115.5 million) upfront, as the group looks to capture a slice of the increasingly popular boutique accommodation sector.

  • February 18, 2025

    Merger Of Poultry Feed Suppliers Gets Provisional UK Nod

    The Competition and Markets Authority said on Tuesday that it has provisionally cleared the proposed acquisition by restaurant group Boparan of two feed mills, despite finding in an earlier investigation into a similar deal that it could harm competition in parts of the country.

  • February 18, 2025

    Property Co. Assura Says £1.6B KKR Bid Undervalues Biz

    The board of property manager Assura PLC said Tuesday that a £1.6 billion ($2 billion) possible offer tabled by U.S. private equity firm KKR "materially undervalued the company and its prospects."

  • February 17, 2025

    Hut Group Investor Fights To Revive Share Challenge

    A shareholder of major British online retailer the Hut Group urged the U.K. Supreme Court on Monday to allow it to sue the company over a 2016 allotment of bonus shares, saying the court should reject arguments by the business that the claim is time-barred.

  • February 17, 2025

    MoneySuperMarket Owner Launches £30M Share Buyback

    Mony Group PLC, the owner of financial services comparison site MoneySuperMarket, on Monday launched a share repurchase program of up to £30 million that it said reflects its "robust financial position," as it reported higher profits.

  • February 17, 2025

    Anglo American Eyes June Spin-Off For Platinum Mining Unit

    Anglo American PLC said Monday that it has made "significant progress" with plans to spin off its platinum subsidiary in South Africa and that it is targeting June for this to happen.

  • February 17, 2025

    Drinks Maker Fevertree Serves Up £70M Share Buyback

    Drinks mixer maker Fevertree poured out a share buyback program on Monday worth up to £71 million ($89 million) aimed at downsizing its capital after it entered into a partnership with Molson Coors for exclusive distribution and production rights in the U.S.

  • February 17, 2025

    CMA Wants Answers From Tile Biz Over £9M Deal To Buy Rival

    The Competition and Markets Authority said Monday that an initial investigation into the £9 million purchase by tile retailer Topps Tiles of 30 stores of rival CTD Tiles raises concerns over competition in four U.K. regions.

  • February 17, 2025

    Shoosmiths Steers £16M Pension Deal For Manufacturing Co.

    Insurer Just Group said on Monday that it has taken on £16 million ($20.2 million) of liabilities in a retirement scheme from a pension plan sponsored by industrial machinery manufacturer Deutz AG, in a deal guided by Shoosmiths.

  • February 17, 2025

    UK Healthcare Property Biz Assura Rejects £1.6B KKR Bid

    Primary care property developer Assura PLC has snubbed a £1.6 billion ($2 billion) proposed takeover approach from KKR and a U.K. pensions provider, the U.S. private equity firm said on Monday.

  • February 14, 2025

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

    This past week in London has seen Spice Girls star Mel B's ex-husband bring a defamation claim against the publisher of The Sun, a hotel sue a former director convicted of embezzling its funds for breach of fiduciary duty, and comedian Russell Brand face a sexual abuse claim. Here, Law360 looks at these and other new claims in the U.K.

  • February 14, 2025

    Gowling, Squire Patton Pilot £50M Pension Deal For Textile Biz

    A German textiles company has offloaded £50 million ($63 million) of its U.K. pension liabilities to insurer Just Group PLC, advisers said Friday, in a deal steered by Gowling WLG and Squire Patton Boggs LLP.

  • February 14, 2025

    5 Questions For Spencer West Partner Karl Foster

    The Financial Conduct Authority's approach to enforcement and consumer protection has come up against government economic growth priorities and resistance from the sector to its proposals to "name and shame" companies early on during regulatory probes.

  • February 21, 2025

    Cadwalader Adds 3 Fund Finance Pros In London

    Cadwalader Wickersham & Taft LLP said Friday that it has hired three fund finance lawyers from Ashurst LLP and Reed Smith LLP to boost its capabilities advising clients on increasingly complex transactions from its office in London.

  • February 14, 2025

    Addleshaw Goddard Leads £4M Fundraising For Genetics Biz

    Preventive genetics business GENinCode said Friday that it has secured at least £4 million ($5 million) of £4.5 million in funding through a share placement and subscription, in a program led by Addleshaw Goddard LLP.

  • February 14, 2025

    Stephenson Harwood-Led Green Investment Trust To Wind Up

    Jupiter Green Investment Trust PLC presented two options to its shareholders on Friday over its proposed liquidation and reconstruction after the environmental business investor was buffeted by long-term macroeconomic headwinds.

  • February 14, 2025

    Coca-Cola Bottler Refreshes Investors With €1B Buyback

    Coca-Cola Europacific Partners PLC said Friday it will launch a share buyback program worth up to €1 billion ($1 billion) as the bottling business of the soft drink giant reported a financially fizzy year.

  • February 14, 2025

    Kirkland-Led Bain Buys Facilities Manager From PAI Partners

    Private equity firm Bain Capital, which is being advised by Kirkland & Ellis LLP, will buy Apleona, a German facilities manager, from France's PAI Partners, the two companies said Friday.

  • February 13, 2025

    Musk's $97B OpenAI Bid Dubbed A 'Stunt' Amid Other Rumors

    After a Wall Street Journal report on Monday revealed that a consortium of investors led by Elon Musk was offering $97.4 billion to buy the nonprofit that controls OpenAI, rumors began to swirl regarding the true intentions behind the billionaire's bid.

  • February 13, 2025

    Barclays Confirms £1B Share Buyback, Reports Profits Spike

    Barclays PLC confirmed on Thursday that it plans to reward investors with a share buyback worth up to £1 billion ($1.25 billion) as it reported a 24% increase in pre-tax profit to £8.1 billion in the 2024 financial year.

  • February 13, 2025

    IT Biz Must Revisit $25M Earnout From Fixnetix Acquisition

    A global information technology service company has been ordered to reevaluate a deferred payment of up to $25.7 million arising from its purchase of a trader, as a judge found Thursday that the sellers could challenge how some revenue streams were calculated.

  • February 20, 2025

    Clifford Chance Adds 2 PE Pros From KKR, Blackstone

    Clifford Chance LLP has added two more partners in London to continue the expansion of its global private capital team as it looks to meet the growing demands of clients for expert advice in the space.

Expert Analysis

  • Opinion

    Law School Admissions Shouldn't Hinge On Test Scores

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    The American Bar Association recently granted law schools some latitude on which tests it can consider in admissions decisions, but its continued emphasis on test scores harms student diversity and is an obstacle to holistic admissions strategies, says Aaron Taylor at AccessLex.

  • How Market Challenges Are Affecting Deal-Making Trends

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    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

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    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

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    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

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    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

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    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

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    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.

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