Mergers & Acquisitions

  • October 10, 2024

    Sports Tech Sees Threefold Increase In M&A Deal Values

    The sports tech sector saw a more than threefold increase in merger and acquisition deal values in the first half of this year compared with the second half of 2023, with more than $27 billion in transactions led by Silver Lake's $13 billion take-private acquisition of Endeavor Group, according to a report released by global tech investment bank Drake Star on Thursday.

  • October 10, 2024

    Hyundai Plans IPO For Indian Biz, Plus More Rumors

    Hyundai's Indian unit is eyeing a massive $3.3 billion initial public offering, rumors are swirling regarding ownership stakes of major European soccer clubs, and Saudi Arabia’s Public Investment Fund may buy a $1 billion minority stake in sports-streaming giant DAZN. Here, Law360 breaks down these and other notable rumors from the past week.

  • October 10, 2024

    Kirkland-Led Brookfield's £557M Tritax Bid Beats Rival Offer

    Asset manager Brookfield said Thursday that Tritax EuroBox has accepted its £557 million ($728 million) bid, beating out an all-stock offer worth approximately £552 million from property investor Segro that the logistics property investor accepted in September.

  • October 09, 2024

    Colo. Accuses Albertsons Of Competitor Flip-Flop For Merger

    Colorado enforcers accused Albertsons of "saying whatever they think will get their merger," confronting the supermarket chain's CEO on Wednesday with past comments to federal regulators they said showed that Albertsons flipped who it considers a competitor ahead of a proposed merger with Kroger.

  • October 09, 2024

    Court Affirms Waste Management Win In 'Titans Of Trash' Spat

    A Florida appeals court on Wednesday affirmed a win for Waste Management Inc. of Florida Inc. in a dispute with Bergeron Environmental and Recycling LLC over a joint venture to provide municipal trash pickup services and said the agreement's jury trial waiver was valid.

  • October 09, 2024

    Vinson-Led MCB Sweetens Bid For Whitestone REIT

    MCB Real Estate, guided by Vinson & Elkins LLP, upped its all-cash acquisition proposal for Whitestone REIT by offering to buy it for $15 per share, the investment firm announced.

  • October 09, 2024

    7 Firms Lead Deal Forming Insurance, Asset Management Biz

    Private investment firm CC Capital and Canadian financial services company The Westaim Corp. on Wednesday announced plans to launch an integrated insurance and asset management platform through a partnership built by seven law firms.

  • October 09, 2024

    Marriott Inks $52M Deal With States Over Guest Data Breach

    Marriott International Inc. has agreed to pay $52 million to nearly every U.S. state and bolster its data security practices to resolve parallel investigations by state attorneys general and the Federal Trade Commission over a massive data breach at the hotel's Starwood-branded properties.

  • October 09, 2024

    7-Eleven Parent Reveals Revised Couche-Tard Takeover Offer

    Japan's Seven & i Holdings said Wednesday it has received a revised, non-binding proposal from Alimentation Couche-Tard Inc., which was reported to carry a $47 billion price tag. 

  • October 09, 2024

    Switzerland OKs £5.4B Hargreaves Lansdown PE Takeover

    The Swiss Competition Commission has given the thumbs up to the £5.4 billion ($7 billion) takeover of Hargreaves Lansdown by a group of private equity companies, consortium member CVC Capital Partners Ltd. said Wednesday.

  • October 09, 2024

    Linklaters-Led Rio Tinto To Buy Arcadium Lithium For $6.7B

    Rio Tinto said Wednesday that it has agreed to acquire Arcadium Lithium PLC for approximately $6.7 billion to solidify its position as the global leader in energy transition commodities, in a deal guided by Linklaters and Davis Polk.

  • October 08, 2024

    Chancery OKs $9.75M In Atty Fees For SPAC Stock Drop Suits

    Settlements and attorney fee rulings closed the book Tuesday on two GigCapital-related blank check deals that settled before trial in Delaware's Court of Chancery, with a vice chancellor approving combined public stockholder payouts and fee awards of $7.25 million and $2.5 million.

  • October 08, 2024

    Albertsons Exec Says No-Poach Deal Never Happened

    An Albertsons labor executive Tuesday attempted to rebut Colorado's accusations that the company worked together with Kroger even before its proposed merger to not compete for workers or customers during a 2022 strike, saying any agreements were internal and had nothing to do with Kroger.

  • October 08, 2024

    FuboTV Rips Fox Attempt To Transfer Sports Streaming Fight

    Fox wants the New York federal judge overseeing the lawsuit accusing it, ESPN and Warner Bros. of trying to run a rival out of business with a joint sports streaming venture to lop off the claims against it and ship them to California, but plaintiff FuboTV says Fox is trying to "forum shop mid-case."

  • October 08, 2024

    Cleveland-Cliffs Gets DOJ Nod For $2.5B Stelco Deal

    Steel manufacturer Cleveland-Cliffs Inc. revealed on Tuesday that it had cleared an important regulatory hurdle in regard to its $2.5 billion deal to purchase Canadian steelmaker Stelco Holdings Inc. with the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

  • October 08, 2024

    Whole Earth Sued In Chancery For Docs On Take-Private Deal

    A stockholder of global food company Whole Earth Brands sued the company in Delaware's Court of Chancery late Monday for alleged failure to provide requested books and records on the company's agreement in February to be taken private by an affiliate of Sababa Holdings Free LLC.

  • October 08, 2024

    Apollo Plugs $1.6B Into SCI Capital's Continuation Vehicle

    Affiliates of private equity giant Apollo Global Management have agreed to invest $1.6 billion as part of a portfolio vehicle managed by SCI Capital Partners LP that oversees portfolio companies Morton Salt and Reddy Ice, in an agreement shaped by Gibson Dunn and Proskauer Rose.

  • October 08, 2024

    Honeywell To Spin Off Materials Biz Amid $9B Buying Spree

    Skadden-advised Honeywell said Tuesday it will spin off its advanced materials business into an independent publicly traded company, the latest maneuver in a $25 billion strategic restructuring that the company said has included about $9 billion deployed for acquisitions in 2024. 

  • October 08, 2024

    Latham-Led Ares Paying $3.7B For Real Assets Manager GCP

    Latham & Watkins LLP-led Ares Management Corp. said Tuesday it has agreed to buy GCP International, a global alternative asset management firm with $44 billion of assets under management, in a cash and stock transaction valued at $3.7 billion. 

  • October 08, 2024

    London Blank-Check Eyes Reverse Takeover 2 Years After IPO

    Cash shell Milton Capital PLC said Tuesday that it has reached a preliminary agreement with Horizon Energy Global Corp. that could result in the energy company taking over Milton's listing on the London Stock Exchange two years after it was first listed.

  • October 08, 2024

    Media Co. And Ousted CEO Settle Suit Over Biz Sale

    The company behind the Pittsburgh Post-Gazette and other media outlets has settled a case brought against it by its ousted chief executive officer, who claimed he had been wrongly kept out of a committee looking into whether to sell the company by his family and other members of the firm's board.

  • October 07, 2024

    Henderson Franklin Adds Tax Pro To Florida Offices

    A tax attorney who formerly practiced at Stradling Yocca Carlson & Rauth PC has joined Henderson Franklin Starnes & Holt PA's business and tax planning department and will work from the firm's Florida offices in Fort Myers and Naples.

  • October 07, 2024

    Alta Fox Latest Activist To Take Aim At Forward Air Corp.

    Forward Air Corp. shareholder Alta Fox in a Monday letter blasted the "disastrous record of ignoring shareholders' views" by the asset-light transportation services provider and demanded immediate change, marking the second activist investor to take aim at the company in recent months.

  • October 07, 2024

    Mayer Brown Partner Returns To Hunton In DC

    A partner at Mayer Brown LLP, who started his legal career nearly a decade ago with Hunton Andrews Kurth LLP, has rejoined the firm as a partner in its Washington office, the firm announced Monday.

  • October 07, 2024

    Chevron Nets $6.5B In Sale Of Canadian Oil Assets

    Chevron Canada Ltd. said Monday it has agreed to sell off its stakes in the Athabasca Oil Sands Project and the Duvernay shale to Canadian Natural Resources Ltd. for $6.5 billion.

Expert Analysis

  • Planning Law Firm Content Calendars: What, When, Where

    Author Photo

    During the slower month of August, law firms should begin working on their 2025 content calendars, planning out a content creation and distribution framework that aligns with the firm’s objectives and maintains audience engagement throughout the year, says Jessica Kaplan at Legally Penned.

  • 4 Steps To Address New Sanctions Time Bar Extension

    Author Photo

    Recent guidance from the Office of Foreign Assets Control clarifies details of the newly extended statute of limitations for civil and criminal enforcement of U.S. sanctions law, so compliance teams should implement key updates, including to lookback periods and recordkeeping policies, say attorneys at Freshfields.

  • Series

    Playing Golf Makes Me A Better Lawyer

    Author Photo

    Golf can positively affect your personal and professional life well beyond the final putt, and it’s helped enrich my legal practice by improving my ability to build lasting relationships, study and apply the rules, face adversity with grace, and maintain my mental and physical well-being, says Adam Kelly at Venable.

  • Law Firms Should Move From Reactive To Proactive Marketing

    Author Photo

    Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, but shifting to a culture of proactive planning — beginning with comprehensive campaigns — can help firms effectively execute their broader business strategy, says Paul Manuele at PR Manuele Consulting.

  • Tips For Revamping Patent Portfolio Strategy In AI Deal Era

    Author Photo

    Recent data suggests patents are significantly enhancing exit valuations, particularly with cutting-edge technologies like those powered by artificial intelligence, but it is necessary to do more than simply align patent strategy with business goals, says Keegan Caldwell at Caldwell Law.

  • Opinion

    The Big Issues A BigLaw Associates' Union Could Address

    Author Photo

    A BigLaw associates’ union could address a number of issues that have the potential to meaningfully improve working conditions, diversity and attorney well-being — from restructured billable hour requirements to origination credit allocation, return-to-office mandates and more, says Tara Rhoades at The Sanity Plea.

  • Opinion

    It's Time For A BigLaw Associates' Union

    Author Photo

    As BigLaw faces a steady stream of criticism about its employment policies and practices, an associates union could effect real change — and it could start with law students organizing around opposition to recent recruiting trends, says Tara Rhoades at The Sanity Plea.

  • How Justices Upended The Administrative Procedure Act

    Author Photo

    In its recent Loper Bright, Corner Post and Jarkesy decisions, the U.S. Supreme Court fundamentally changed the Administrative Procedure Act in ways that undermine Congress and the executive branch, shift power to the judiciary, curtail public and business input, and create great uncertainty, say Alene Taber and Beth Hummer at Hanson Bridgett.

  • Mirror, Mirror On The Wall, Is My Counterclaim Bound To Fall?

    Author Photo

    A Pennsylvania federal court’s recent dismissal of the defendants’ counterclaims in Morgan v. Noss should remind attorneys to avoid the temptation to repackage a claim’s facts and law into a mirror-image counterclaim, as this approach will often result in a waste of time and resources, says Matthew Selmasska at Kaufman Dolowich.

  • Bank M&A Continues To Lag Amid Regulatory Ambiguity

    Author Photo

    Bank M&A activity in the first half of 2024 continued to be lower than in prior years, as the industry is recovering from the 2023 bank failures, and regulatory and macroeconomic conditions have not otherwise been prime for deals, say Robert Azarow and Amber Hay at Arnold & Porter.

  • Series

    Playing Dungeons & Dragons Makes Me A Better Lawyer

    Author Photo

    Playing Dungeons & Dragons – a tabletop role-playing game – helped pave the way for my legal career by providing me with foundational skills such as persuasion and team building, says Derrick Carman at Robins Kaplan.

  • Del. Dispatch: Director Caremark Claims Need Extreme Facts

    Author Photo

    The Delaware Court of Chancery recently dismissed Caremark claims against the directors of Centene in Bricklayers Pension Fund of Western Pennsylvania v. Brinkley, indicating a high bar for a finding of the required element of bad faith for Caremark liability, and stressing the need to resist hindsight bias, say attorneys at Fried Frank.

  • 5 Insights Into FDIC's Final Rule On Big-Bank Resolution Plans

    Author Photo

    Although the Federal Deposit Insurance Corp.'s recently finalized rule expanding resolution planning requirements for large banks was generally adopted as proposed, it includes key changes related to filing deadlines, review and feedback, and incorporates lessons learned — particularly from last year's bank failures, say attorneys at Cleary.

  • Opinion

    Time To Reimagine The Novation Process For Gov't Contracts

    Author Photo

    The Federal Acquisition Regulatory Council, which recently extended a long-standing request for public comments on its novation procedures, should heed commenters' suggestions by implementing specific changes in its documentation requirements, thereby creating a more streamlined and practical novation process, say attorneys at Covington.

  • 3 Leadership Practices For A More Supportive Firm Culture

    Author Photo

    Traditional leadership styles frequently amplify the inherent pressures of legal work, but a few simple, time-neutral strategies can strengthen the skills and confidence of employees and foster a more collaborative culture, while supporting individual growth and contribution to organizational goals, says Benjamin Grimes at BKG Leadership.

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 Mergers & Acquisitions 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!