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Mergers & Acquisitions
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July 07, 2025
Capgemini To Buy Tech Biz WNS For $3.3B In AI Expansion
French consultancy Capgemini SE said Monday that it will buy technology outsourcing specialist WNS for $3.3 billion in cash to boost its artificial intelligence services.
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July 07, 2025
Paul Hastings Adds Antitrust Pro, DOJ Alum From Paul Weiss
Paul Hastings LLP announced on Monday that it has hired a former Paul Weiss Rifkind Wharton & Garrison LLP lawyer and U.S. Department of Justice alum known for his work on antitrust matters ranging from bet-the-company transactions to high-stakes litigation.
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July 04, 2025
Sidley, A&O Shearman Steer Athora's £5.7B Pensions Biz Buy
Retirement group Athora Holding Ltd. will buy U.K. buyout specialist Pension Insurance Corp. for £5.7 billion ($7.8 billion) from an investment consortium, the companies have confirmed, a transaction that will create an insurance savings heavyweight in Europe.
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July 03, 2025
Tyson Settles Fight With Chicken Farmers Over Mo. Plant Sale
Tyson Foods has settled its declaratory action against Skaggs Bros & Sons Farms LLC that sought an order finding its sale of a shuttered broiler chicken processing plant to Cal-Maine Foods Inc. last year didn't violate antitrust laws, according to a notice filed in Missouri federal court.
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July 03, 2025
NY Landlord Sues Walmart, Others In Del. Alleging Fraud
A New York City landlord sued Walmart Inc. and the bankruptcy successor to Bonobos Inc. in Delaware's Court of Chancery late Thursday, asserting hundreds of million in claims and compensatory and punitive damages under both Delaware and New York law arising from an allegedly fraudulent transfer of a Fifth Avenue retailer's lease and obligations.
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July 03, 2025
Implant Co. Sues Zimmer Biomet In Del. Over Milestone Miss
A securityholder representative for biomaterial implant developer Embody Inc. has accused Zimmer Biomet Holdings Inc. of buying Embody and then immediately undermining the new subsidiary's ability to hit product development milestones worth some $120 million, according to a recently unsealed complaint.
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July 03, 2025
CMA To Review Global Payments' $24.2B Worldpay Deal
British competition officials said this week that they were beginning their initial evaluation of Global Payments Inc.'s plans, unveiled earlier this year, to purchase payments giant Worldpay from GTCR and FIS for $24.25 billion.
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July 03, 2025
Circuit-By-Circuit Recap: Justices Send Message To Outliers
It was a tough term at the U.S. Supreme Court for two very different circuits — one solidly liberal, one solidly conservative — that had their rulings overturned in eye-popping numbers. But it was another impressive year for a relatively moderate circuit that appears increasingly simpatico with the high court.
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July 03, 2025
The Moments That Shaped The Universal Injunction Case
The U.S. Supreme Court voted along ideological lines when it hindered the ability of federal district court judges to issue nationwide pauses on presidential policies, but that outcome didn't seem like a foregone conclusion during oral arguments earlier this year. What do the colloquies suggest about the justices' thinking? Here are some moments that may have swayed them.
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July 03, 2025
Thoma Bravo Buying Restaurant Platform Olo In $2B Deal
Software-focused private equity firm Thoma Bravo has agreed to purchase New York-based Olo Inc., a software-as-a-service platform for restaurants, in an all-cash transaction that gives Olo an approximately $2 billion equity value, the companies said Thursday.
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July 03, 2025
Morgan Lewis Attorney Joins Holland & Knight's NY Team
A Morgan Lewis & Bockius LLP lawyer who split his time between the firm's New York and Moscow offices has joined Holland & Knight LLP in New York where he'll continue his practice focused on cross-border transactions and other corporate matters.
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July 03, 2025
The Firms That Won Big At The Supreme Court
The number of law firms juggling three or more arguments before the U.S. Supreme Court this past term nearly doubled from the number of firms that could make that claim last term.
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July 03, 2025
Breaking Down The Vote: The High Court Term In Review
The U.S. Supreme Court once again waited until the term's closing weeks — and even hours — to issue some of its most anticipated and divided decisions.
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July 03, 2025
Citgo, Castrol Field Billion-Dollar Bids, And More Deal Rumors
Vitol submitted a more than $10 billion bid to buy the parent of Venezuela-owned U.S. refiner Citgo Petroleum, according to Wednesday reports, but subsequent news indicated that it might not be enough to beat out the competition. Castrol, which is BP's lubricant arm, is also running an auction process, with private equity firm Clayton Dubilier & Rice reportedly emerging as one of the latest bidders.
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July 03, 2025
Capital Markets Upturn Sets Stage For Second-Half Rebound
Deals attorneys are approaching the second half of 2025 increasingly confident that capital markets' activity will accelerate despite potential headwinds stemming from higher tariffs, interest rate uncertainties and geopolitical turmoil.
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July 03, 2025
Brookfield Business Partners Sells Stake To Evergreen Fund
Brookfield Business Partners, the flagship listed vehicle of Brookfield Asset Management, on Thursday announced that it has agreed to sell a portion of its stake in three businesses to a new evergreen private equity strategy managed by the group.
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July 03, 2025
Mid-Year M&A Deal Flow Suffers Amid Global Instability
More than six months into a new Donald Trump administration, the mergers and acquisitions boom that many market observers anticipated has failed to materialize. In part one of this two-part M&A review, industry attorneys discussed market activity so far this year, how geopolitical factors are impacting the dealmaking environment, and their outlook for the remainder of 2025.
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July 03, 2025
Investor EQT To Acquire Stake In Life Sciences Products Biz
Swedish investor EQT Group said Thursday that its healthcare business has agreed to acquire a majority stake in life sciences research company Europa Biosite.
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July 03, 2025
Pinsent Masons-Led Chesnara To Buy HSBC Life For £260M
British pensions company Chesnara PLC said Thursday it has agreed to acquire the specialist life protection and investment bond provider of banking giant HSBC for £260 million ($355 million) to give the group a "material step up in scale."
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July 02, 2025
EQV Ventures' Upsized IPO Tops 4 Listings Totaling $830M
Energy-focused special purpose acquisition company EQV Ventures Acquisition Corp. II began trading Wednesday after pricing an upsized $420 million initial public offering, in the largest of four SPAC IPOs totaling $830 million.
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July 02, 2025
Atkins Says SEC Is Taking A Fresh Look At SPAC Regulations
U.S. Securities and Exchange Commission Chair Paul Atkins said Wednesday that regulators are reviewing recently beefed-up rules governing special-purpose acquisition companies as part of a broader policy of increasing public listings.
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July 02, 2025
Ingersoll Rand Buys Italy's Termomeccanica For $188M
Ingersoll Rand Inc. has acquired Termomeccanica Industrial Compressors SpA and its subsidiary Adicomp SpA in a €160 million ($188 million) deal aimed at expanding its presence in the renewable natural gas and industrial compressor markets.
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July 02, 2025
Latham Guides Odyssey On $1.3B Applied Technical Exit
Latham & Watkins LLP-advised private equity firm Odyssey Investment Partners has agreed to sell Applied Technical Services Inc. to Swiss testing and inspection giant SGS SA for about $1.33 billion, the firms said Wednesday.
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July 02, 2025
Dems Condemn Paramount's $16M Settlement With Trump
Democratic lawmakers are incensed that CBS News' parent Paramount Global agreed to a $16 million settlement with President Donald Trump over his "60 Minutes" lawsuit, which came as the media company is seeking approval of an $8.4 billion merger with Skydance Media.
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July 02, 2025
Exiting US Steel GC To Leave With Over $18M After Nippon Deal
U.S. Steel Corp.'s former general counsel Duane Holloway will leave his special adviser job on July 18 more than $18.5 million from stock -- plus several million more from a golden parachute -- thanks to the company's recent sale to Nippon Steel, according to a recent company filing.
Expert Analysis
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Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example
Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.
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Steel Cases Test Executive Authority, Judicial Scope
Lawsuits challenging former President Joe Biden’s order blocking the merger of Japan's Nippon Steel and U.S. Steel may shape how future administrations wield presidential authority over foreign investment in the name of national security, says Hdeel Abdelhady at MassPoint Legal.
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Del. Ruling Further Narrows Scope Of 'Bump-Up' Exclusion
The recent Delaware Superior Court ruling in Harman International v. Illinois National Insurance offers a critical framework for interpreting bump-up exclusions in management liability insurance policies, and follows the case law trend of narrow interpretation of such exclusions, says Simone Haugen at Tressler.
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Will 4th Time Be A Charm For NY's 21st Century Antitrust Act?
New York's recently introduced 21st Century Antitrust Act would change the landscape of antitrust enforcement in the state and probably result in a sharp increase in claims — but first, the bill needs to gain traction after three aborted attempts, says Tyler Ross at Shinder Cantor.
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Perspectives
Accountant-Owned Law Firms Could Blur Ethical Lines
KPMG’s recent application to open a legal practice in Arizona represents the first overture by an accounting firm to take advantage of the state’s relaxed law firm ownership rules, but enforcing and supervising the practice of law by nonattorneys could prove particularly challenging, says Seth Laver at Goldberg Segalla.
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How FTC Consumer Protection May Fare Under Reg Freeze
Attorneys at Crowell & Moring consider how President Donald Trump's executive order directing agencies to freeze all pending rulemaking activity may frustrate any Federal Trade Commission efforts to change or eliminate rules that made it across the finish line before the inauguration.
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Critical Steps For Navigating Intensified OFAC Enforcement
The largely overlooked SkyGeek settlement from the end of 2024 heralds the arrival of the Office of Foreign Assets Control's long anticipated enhanced enforcement posture and clearly demonstrates the sanctions-compliance benefits of immediately responding to blocked payments, says Jeremy Paner at Hughes Hubbard.
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AI Will Soon Transform The E-Discovery Industrial Complex
Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.
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IP, Licensing, M&A Trends To Watch In Life Sciences This Year
2025 promises to continue an exciting trajectory for the life sciences industry, with major trends ranging from global harmonization of intellectual property to cross-border licensing activity and an increase of nontraditional financial participants in the mergers and acquisition space, say attorneys at Morgan Lewis.
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When Innovation Overwhelms The Rule Of Law
In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.
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FTC Focus: Avoiding 'Gun Jumping' Violations
The Federal Trade Commission's recent record $5.6 million "gun jumping" enforcement action against XCL Resources, EP Energy and Verdun Oil sends a clear message about the seriousness of violations of the Hart-Scott-Rodino Act's premerger requirements, and highlights compliance tips such as avoiding premature integration of operations, say attorneys at Proskauer.
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Losing A Motion To Dismiss Ruling Isn't Necessarily The End
A recent Delaware Court of Chancery ruling, that the Manti Group had not demonstrated any conflicts of interest favoring private equity fund operator The Carlyle Group, serves as an important reminder that a decision on a pleading motion is not the end of the story, say attorneys at Sidley.
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Imagine The Possibilities Of Openly Autistic Lawyering
Andi Mazingo at Lumen Law, who was diagnosed with autism about midway through her career, discusses how the legal profession can create inclusive workplaces that empower openly autistic lawyers and enhance innovation, and how neurodivergent attorneys can navigate the challenges and opportunities that come with disclosing one’s diagnosis.
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Top 10 Healthcare And Life Sciences Issues To Watch In 2025
Under the new Trump administration, this coming year may benefit some healthcare and life sciences stakeholders, while creating new challenges for others amid an increasingly complex regulatory environment, say attorneys at Debevoise.
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Series
Documentary Filmmaking Makes Me A Better Lawyer
Becoming a documentary filmmaker has allowed me to merge my legal expertise with my passion for storytelling, and has helped me to hone negotiation, critical thinking and problem-solving skills that are important to both endeavors, says Robert Darwell at Sheppard Mullin.