Schroders said Thursday that it has agreed to a £9.9 billion ($13.5 billion) cash takeover by U.S. asset manager Nuveen in a transaction that would take one of the City's historic names into private ownership.
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Mergers & Acquisitions
SATURDAY, FEBRUARY 14, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

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Clifford Chance-Led Nuveen To Buy Schroders For £9.9B

By Najiyya Budaly

Schroders said Thursday that it has agreed to a £9.9 billion ($13.5 billion) cash takeover by U.S. asset manager Nuveen in a transaction that would take one of the City's historic names into private ownership.

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4 Firms Guide Blackstone, EQT's $6.6B Spanish Recycler Deal

By Najiyya Budaly

Blackstone and EQT AB said Thursday that they will buy Spanish recycling company Urbaser from Platinum Equity LLC for $6.6 billion as they seek to cash in on the growing industrial waste management sector.

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Deutsche Börse To Buy PE Firm's Data Biz Stake For €1.1B

By Tom Fish

Deutsche Börse Group said it has agreed to buy the remaining 20% minority stake held by global private equity firm General Atlantic in Iss Stoxx, which provides data, analytics and indexes, for €1.1 billion ($1.3 billion).

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Law360 Seeks Members For Its 2026 Editorial Boards

Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

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POLICY & REGULATION

Interview

12 Questions For FCC Chair Brendan Carr

By Christopher Cole

It's been a "banger" of a year at the Federal Communications Commission, says agency chief Brendan Carr, who took over at the outset of President Donald Trump's second term with the goal of cutting regulations and quickly turning over more spectrum to the private sector.

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FTC Merger Filing Overhaul Thrown Out

By Bryan Koenig

The Federal Trade Commission hasn't shown the costs on merging companies outweigh the claimed benefits of dramatically increasing the amount of information that must be provided upfront when giving notice of a transaction, a Texas federal judge said Thursday, throwing out the commission's overhaul of premerger reporting requirements.

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MERGER REVIEW

DOJ Antitrust Chief Slater Stepping Down

By Matthew Perlman

Assistant Attorney General Gail Slater, head of the U.S. Department of Justice's Antitrust Division, said on Thursday she will be leaving her post just shy of a year after being confirmed by the Senate.

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Daily Mail Owner's £500M Telegraph Deal To Be Scrutinized

By Najiyya Budaly

The government said Thursday that it has referred the £500 million ($681 million) acquisition of Telegraph Media Group by the owner of the Daily Mail newspaper to the competition and communications regulators after raising concerns about media plurality in the U.K.

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DEALS & FINANCING

Elliott Takes Stake In Stock Exchange Group, More Rumors

By Jade Martinez-Pogue

Activist investor Elliott Management has taken a sizable stake in the London Stock Exchange Group as it faces underperformance, payments company giant Stripe is planning a tender offer that could value it at $140 billion, and private equity firm Hellman & Friedman is looking to buy payments firm Bill Holdings.

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LITIGATION

HPE Has 'No Grounds' To Hide DOJ Deal Bidders, AGs Say

By Bryan Koenig

Democratic attorneys general challenging the controversial Justice Department settlement permitting Hewlett Packard Enterprise's $14 billion purchase of Juniper Networks have urged a California federal judge to let them see who's bidding for assets up for divestiture, arguing the would-be buyers are an integral part of the agreement's viability.

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PEOPLE

BakerHostetler Adds 3 More Dealmakers From Loeb In NY

By Andrea Keckley

BakerHostetler announced on Thursday that it is bolstering its transactions bench with three New York-based mergers and acquisitions attorneys from Loeb & Loeb in a move that the firm says strengthens its offerings in middle-market M&A transactions.

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EXPERT ANALYSIS

Series

Trail Running Makes Me A Better Lawyer

Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.

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LEGAL INDUSTRY

Roundup

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

By Laura Stewart Liberty

This past week in London has seen a former U.S. defense contractor convicted of tax evasion face legal action, French football club Olympique Lyonnais sued following a $97 million ruling against its owner John Textor, consulting giant Kroll targeted by a South African airline, and H&M hit with a claim alleging it copied protected sunglasses designs. Here, Law360 looks at these and other new claims in the U.K.

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Law360's Legal Lions Of The Week

By Kevin Penton

WilmerHale and Gillam & Smith LLP lead this week's edition of Law360 Legal Lions, after a Texas federal jury cleared Apple of infringement claims over patents covering 4G wireless technology, in a case that previously led to jury verdicts of $506 million and $300 million.

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Brief

Indiana AG Declines Intervention In Posner Wage Suit

By Emily Sawicki

Indiana's attorney general has declined to intervene in a pro se plaintiff's suit seeking to revive $170,000 in wage claims against retired Seventh Circuit Judge Richard A. Posner, finding the case did not pose a "substantial" constitutional challenge to a state statute mandating that delayed contracts must be written and signed to be enforced.

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Louisiana Atty Takes Responsibility For AI Usage Snafu

By Christine DeRosa

After facing the threat of sanctions alongside three of his co-counsel, a Louisiana attorney told a federal judge that he was solely responsible for an error-riddled brief written with the assistance of artificial intelligence. 

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Taking heat from Republican senators over not notifying members of Congress about subpoenas for their phone records, Verizon's general counsel has pledged that in the future, the company will fight gag orders requiring it to keep silent. And taking heat from shareholders and colleagues over her ties to Jeffrey Epstein, Goldman Sachs' chief legal officer has agreed to leave the firm in June.

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Colorado Atty Delayed Filing, Gave Faulty Advice, Suit Says

By Rachel Konieczny

A Colorado attorney waited nearly five years to file a lawsuit on behalf of two clients and provided faulty advice, the former clients alleged Thursday in a malpractice lawsuit in state court.

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'Acqui-Hires' In AI Drawing Antitrust Scrutiny, Tech Attys Say

By Bonnie Eslinger

Attorneys with Nvidia, Google and Uber took the stage at a conference hosted Thursday by Baker McKenzie to discuss emerging trends in antitrust enforcement, including how booming AI investment has produced new regulatory scrutiny of "acqui-hires," in which large companies acquire startups primarily to hire their teams.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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6th Circ. Says Ch. 13 Motion Came 84 Minutes Too Late

By Vince Sullivan

A 2-1 split panel of the Sixth Circuit affirmed two lower court rulings from Michigan federal judges denying a Chapter 13 debtor's motion to dismiss his bankruptcy case because the request came 84 minutes after a bankruptcy court converted the case to a Chapter 7.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

ArentFox Schiff

Baker & Hostetler

Baker Donelson

Baker McKenzie

Barclay Damon

Beasley Allen

Ben Crump Law

Brockstedt Mandalas

CMS Cameron McKenna

Clifford Chance

Clyde & Co

Conyers Dill

Covington & Burling

DAC Beachcroft

DLA Piper

Dean Omar

Dentons

DiCello Levitt

Eichhorn & Eichhorn

Faegre Drinker

Fenchurch Law

Freshfields

Gibbs Mura

Gibson Dunn

Gillam Smith

Gowling WLG

Greenberg Traurig

HJV Car Accident Personal Injury Lawyers

Hacker Stephens

Harrison Goddard Foote

Hogan Lovells

Holland & Knight

Homburger AG

Howes Percival

Jones Fussell

Keoghs LLP

Kessler Topaz

Kirkland & Ellis

LK Law Pty Ltd

Latham & Watkins

Lenz & Staehelin

Levin Sedran

Lieff Cabraser

Linklaters LLP

Liskow & Lewis

Loeb & Loeb

Mayer Brown

MoloLamken

Morgan Lewis

Motley Rice

Nabarro LLP

Norton Rose

Osborne Clarke

Penningtons Manches

Perkins Coie

Potter Minton

Quinn Emanuel

Reynolds Porter

Riess LeMieux

Seeger Weiss

Sharp Law LLP

Sherin & Lodgen

Simpson Thacher & Bartlett LLP

Skadden Arps

Slaughter and May

Sullivan & Cromwell

Taylor Rose

Thompsons Solicitors

Trethowans LLP

Trowers & Hamlins

Tycko & Zavareei

Uria Menendez

Vincents Solicitors

Wagstaff & Cartmell

Walker Morris LLP

Ward Hadaway

White & Case

WilmerHale

Yetter Coleman

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

American Airlines Group Inc.

American Bar Association

American International Group Inc.

American Investment Council

Apple Inc.

Association of Corporate Counsel

Aux

BNP Paribas SA

Banco Bilbao Vizcaya Argentaria SA

Barclays PLC

Binance Holdings Ltd.

Boston University

British Broadcasting Corp.

Business Roundtable

ByteDance Ltd.

Chevron Corp.

Comcast Corp.

EQT AB

EQT Corp.

Exela Technologies Inc.

General Atlantic Service Co. L.P.

George Washington University

Google LLC

H&M Hennes & Mauritz AB

HTC Corporation

Hellman & Friedman LLC

Hewlett Packard Enterprise Co.

Instagram Inc.

International Business Machines Corp.

Investments Ltd.

J Sainsbury PLC

JPMorgan Chase & Co.

Johnson & Johnson

Juniper Networks Inc.

Kyndryl Holdings Inc.

Laing O'Rourke

Leidos Holdings Inc.

Liberty Mutual Insurance Group

LinkedIn Corp.

Live Nation Entertainment Inc.

Lloyd's America Inc.

London Stock Exchange Group PLC

Meta Platforms Inc.

Monsanto Co.

Morgan Stanley

NVIDIA Corp.

Nasdaq Inc.

Navy Federal Credit Union

Nuveen LLC

PPG Industries Inc.

Platinum Equity LLC

RedBird Capital Partners

Schroders PLC

Sling TV LLC

Snap Inc.

Teachers Insurance & Annuity Association of America

Tegna Inc.

The Goldman Sachs Group Inc.

The Hershey Co.

The Home Depot Inc.

TikTok Inc.

Transocean Ltd.

U.S. Chamber of Commerce

UBS Group AG

Uber Technologies Inc.

Valaris

Verizon Communications Inc.

Vista Equity Partners Management LLC

Vodafone Group PLC

W.R. Berkley Corp.

W.R. Grace & Co.

Walmart Inc.

Wells Fargo & Co.

YouTube Inc.

Zimmer Biomet Holdings Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Colorado Attorney General's Office

Competition and Markets Authority

Delaware Court of Chancery

Executive Office of the President

Federal Aviation Administration

Federal Communications Commission

Federal Trade Commission

Financial Conduct Authority

Indiana Attorney General's Office

National Economic Council

National Labor Relations Board

Ofcom

Texas Attorney General's Office

U.S. Attorney's Office

U.S. Bankruptcy Court for the Western District of Michigan

U.S. Court of Appeals for the Seventh Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Department of Commerce

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the Eastern District of Louisiana

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Northern District of California

U.S. Environmental Protection Agency

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court