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Mergers & Acquisitions
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February 26, 2026
Chancery Refuses For Now To Make Hecate Pay Lenders $75M
The Delaware Chancery Court has denied renewable energy lenders' bid to immediately seize $75 million in disputed settlement proceeds, ruling that although the lenders are likely to succeed on parts of their contract claims, they failed to justify the extraordinary step of a mandatory injunction.
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February 26, 2026
Willkie Lands A&O Shearman Corporate Finance Pros In Calif.
Willkie Farr & Gallagher LLP is boosting its transactional team, bringing in a pair of Allen Overy Shearman Sterling corporate finance aces as partners in its Silicon Valley office, one of whom will also become the new co-managing partner of that office.
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February 26, 2026
BlueScope Turns $11B Bid Down But Still Open To Talks
Australia's BlueScope Steel Ltd. on Thursday said a revised roughly AU$15 billion ($11 billion) takeover proposal from SGH Ltd. and Steel Dynamics Inc. does not adequately reflect the company's valuation, but it remains open to further discussions.
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February 26, 2026
Barnes & Thornburg Lands Katten M&A Partner In NY
Barnes & Thornburg LLP has expanded its mergers and acquisitions and private equity teams by hiring a former Katten Muchin Rosenman LLP partner.
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February 26, 2026
Freshfields Guides Asahi Kasei Unit In €780M Biopharma Deal
Japanese conglomerate Asahi Kasei Corp. said Thursday it has agreed to buy biopharmaceutical company Aicuris for €780 million ($920 million) cash to fuel the German company's research and development efforts, in a deal steered by Freshfields LLP and Gibson Dunn & Crutcher LLP.
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February 26, 2026
A&O Shearman-Led UAE Aviation Biz To Buy $7B Leasing Co.
Dubai Aerospace said Thursday that it has agreed to acquire international aircraft leasing company Macquarie AirFinance Ltd. for approximately $7 billion in a bid to become "one of the world's most preeminent aircraft leasing companies."
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February 26, 2026
Willkie Leads Victory Capital's Rival Bid For Janus Henderson
U.S. investment manager Victory Capital said Thursday that it is making an offer for asset management group Janus Henderson, which is 16% higher than a bid tabled by Trian Fund Management.
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February 25, 2026
Dems Demand Explanation For DOJ Antitrust Chief's Exit
Two Democrats on the House Judiciary Committee demanded Wednesday that U.S. Attorney General Pam Bondi explain to lawmakers why the U.S. Department of Justice's antitrust chief was forced to resign, expressing concern about the administration's potential interference with merger reviews and antitrust litigation.
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February 25, 2026
IP Co. Investors Sue Over AI-Focused Acquisition Losses
Executives and directors of semiconductor technology company Synopsys Inc. were hit with a shareholder's derivative suit accusing them of misleading investors about the operational challenges faced by one of its segments following a $35 billion acquisition of an artificial intelligence company made in 2024.
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February 25, 2026
Winston & Strawn-Led SPAC Mozayyx Prices Upsized $261M IPO
Special purpose acquisition company Mozayyx Acquisition Corp. began trading publicly on Wednesday after raising $261 million in its upsized initial public offering.
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February 25, 2026
Cox Tells Calif. It Needs Final Ruling On Charter By July
Cable behemoth Cox Communications has told the California Public Utilities Commission that it needs a final decision by July on its $34.5 billion merger with Charter so that the companies have time to close the deal before their federal merger clearance period expires.
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February 25, 2026
EU, UK To Share Info On 'Significant' Antitrust Probes
British and European Union officials signed a new agreement Wednesday promising to notify each other of major merger and antitrust probes and coordinate their efforts "when necessary," in what they called the first dedicated competition cooperation agreement following the United Kingdom's withdrawal from the EU.
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February 25, 2026
Engie To Buy UK Power Networks At $21.4B Enterprise Value
French electric utility Engie said Wednesday it has agreed to acquire UK Power Networks, a top British electricity distribution operator, for an equity value of £10.5 billion ($14.2 billion) and an enterprise value of £15.8 billion, which is about $21.4 billion.
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February 25, 2026
Pension Fund Presses For CEO Texts In $60B Merger Fight
A union pension fund stockholder urged the Delaware Supreme Court on Wednesday to revive its bid for access to a former Pioneer Natural Resources Co. CEO's undisclosed text messages and emails, arguing that the Delaware Chancery Court set an "impossible" standard in denying inspection of communications tied to the company's $60 billion sale to Exxon Mobil Corp.
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February 25, 2026
BasePoint's £543M Offer For Lender Sweetened With Dividend
Lender International Personal Finance said Wednesday that it can pay a special dividend to its shareholders in order to boost a £543 million ($736 million) takeover offer from American specialist finance group BasePoint Capital.
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February 25, 2026
EQT Will Not Make Offer For Oxford Biomedica
EQT said Wednesday that it does not plan to make an offer to buy Oxford Biomedica PLC after holding preliminary talks about potentially acquiring the U.K. business.
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February 25, 2026
2 Firms Help Novacap Land $3.8B For Tech-Focused Fund
Private equity shop Novacap, advised by Willkie Farr & Gallagher LLP and Davies Ward Phillips & Vineberg LLP, on Wednesday revealed it had closed its seventh technology-centered fund with nearly $3.8 billion in committed capital.
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February 25, 2026
Taylor Wessing Steers £186M Bid For Fintech Fund
European investor Verdane said Wednesday that it has offered to acquire Augmentum Fintech, a financial technology investment fund, in a cash deal worth about £185.7 million ($252 million).
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February 25, 2026
Novo's $2.1B Vivtex Deal Boosts Obesity Drug Pipeline
Novo Nordisk said on Wednesday it is partnering with Vivtex Corp. on a deal worth up to $2.1 billion to develop drugs for obesity and related conditions, pressing ahead with a weight loss-drug franchise that has delivered rapid growth alongside regulatory scrutiny and courtroom clashes.
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February 25, 2026
Live Nation Judge Not 'Inclined' To Delay Trial For Appeal
A Manhattan federal judge said Wednesday he is likely to deny counsel for Live Nation's request to appeal rulings sending the government's monopolization claims to trial, after antitrust regulators called that request a "desperate plea" for a delay.
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February 25, 2026
GlaxoSmithKline Buys Canadian Drugmaker For $950M
GSK PLC said Wednesday that it has agreed to pay $950 million in cash for Canadian clinical-stage drugmaker 35Pharma Inc., which is developing a medicine to treat a type of high blood pressure known as pulmonary hypertension.
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February 24, 2026
Protective Gear Co. Misled On Tariffs, Acquisitions, Suit Says
Protective apparel company Lakeland Industries Inc. has been hit with an investor's proposed class action accusing it of damaging shareholders with misleading statements about the value of two companies it had acquired and the impact of tariffs.
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February 24, 2026
Senate Dem Seeks Info On FCC's Equal Time Enforcement
Sen. Richard Blumenthal, D-Conn., demanded documents on the Federal Communications Commission's equal time rules and what he called the "alarming prospect" of CBS owner Paramount Skydance Corp. expecting favoritism from agencies as it tries to buy Warner Bros. Discovery.
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February 24, 2026
Chamber Pushes 5th Circ. To Keep FTC Merger Overhaul Nixed
The U.S. Chamber of Commerce pressed the Fifth Circuit to let merging companies revert to their old notification form while the Federal Trade Commission challenges a lower court order scrapping its overhaul of reporting requirements, arguing the agency cannot save the new form.
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February 24, 2026
Suit Says Ex-Medco CFO Inflated Company's Value Before Sale
Medical supplier Medline Industries LP has sued the former chief financial officer of United Medco LLC in Florida state court, alleging the executive ran an overbilling scheme that led to an inflated valuation and purchase price for Medco and defrauded a customer of millions of dollars.
Expert Analysis
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Key Changes In World Bank's New Compliance Updates
Recent updates to integrity guidelines for companies that bid and work on World Bank-financed projects are sufficiently extensive and unique that covered businesses must take proactive steps to map the changes against their existing compliance programs or risk severe business consequences, say attorneys at Steptoe.
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What Changed For Healthcare Transaction Law In 2025
Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.
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7 Ways In-House Counsel May Unearth Red Flags In AI M&A
In-house counsel and executives conducting M&A due diligence in the artificial intelligence arena can surface hidden liabilities and avoid problems or divestitures by adopting strategies in key areas, including intellectual property provenance and postclose risk management, say attorneys at Reed Smith.
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Series
Fly-Fishing Makes Me A Better Lawyer
Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.
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4 Ways GCs Can Manage Growing Service Of Process Volume
As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.
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Series
The Law Firm Merger Diaries: Forming Measurable Ties
Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.
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5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.
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Series
Judges On AI: How Courts Can Boost Access To Justice
Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.
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Opinion
The Case For Emulating, Not Dividing, The Ninth Circuit
Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.
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Banking M&A Outlook Reflects Favorable Regulatory Climate
The banking mergers and acquisitions environment is starting 2026 with a rare alignment of favorable market conditions and a more permissive regulatory atmosphere, creating a clear window for banks to pursue transformative combinations and shape the competitive landscape, say attorneys at Reed Smith.
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Series
Muay Thai Makes Me A Better Lawyer
Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.
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Series
Law School's Missed Lessons: Intentional Career-Building
A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.
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Chancery Exec Noncompete Ruling Offers PE Buyer Lessons
In Derge v. D&H United Fueling Solutions, the Delaware Court of Chancery sided with a private equity-backed portfolio company by enforcing a noncompete against an executive, providing private equity buyers with a checklist of factors for an enforceable noncompete in the sale-of-business context, says Danielle Asaad at Squire Patton.
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How Shareholder Activism Fared In 2025
2025 was a turbulent yet transformative year in shareholder activism, and there are several key takeaways to help companies prepare for a 2026 that is shaping up to be even more lively, including increased focus on retail investors and the use of social media as a tool, say attorneys at Sidley.
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Key Trends In Healthcare Antitrust In 2025
The healthcare industry braced for significant antitrust enforcement shifts last year driven by a change in administration, and understanding the implications of these trends is critical for healthcare organizations' risk management and strategic decision-making in the year ahead, say attorneys at Michael Best.