Grab Holdings To Buy 60% Of Atome Financial For $1.5B

By Al Barbarino

Singapore-based Grab Holdings Ltd. said Tuesday it has agreed to acquire a controlling 60% equity interest in Atome Financial for $1.49 billion, while also agreeing to purchase the remaining 40% stake within the next two years. 

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Goldman Sachs' Flagship PE Fund Raises $9.6B

By Jade Martinez-Pogue

Goldman Sachs Alternatives, advised by Fried Frank Harris Shriver & Jacobson LLP, said Tuesday that it wrapped its newest private equity fund after securing $9.6 billion of total capital commitments.

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3 Firms Advise On DoorDash's $300M Campus Dining App Buy

By Al Barbarino

DoorDash said Tuesday it has agreed to purchase food technology platform Wonder Group Inc.'s Grubhub Campus Dining business for $300 million, and it has also made a $125 million investment in Wonder's Series D fundraising round. 

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PSG Equity Wraps €4.4B Europe-Focused Fund

By Jade Martinez-Pogue

Growth equity firm PSG Equity on Tuesday revealed that it wrapped its third Europe-focused fund with €4.4 billion ($5.1 billion) of investor commitments.

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Sullivan & Cromwell Adding Kirkland Private Equity M&A Attys

By Tracey Read

Sullivan & Cromwell LLP announced Tuesday that four private equity mergers and acquisitions attorneys are moving to the firm from Kirkland & Ellis LLP.

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Dems Block Crypto Bill Over Ethics Concerns

By Courtney Bublé

The Senate on Tuesday failed to clear a procedural hurdle for the Clarity Act, which was primed to be the first comprehensive federal regulatory framework for digital asset markets, as Democrats said the ethics guardrails were not strong enough.

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CMA Seeks Views On Outsourcer's £3.1B Deal For Mitie

By Dawood Fakhir

The antitrust watchdog said Tuesday that it is calling for responses on how the planned £3.1 billion ($4.2 billion) acquisition by outsourcing giant OCS of rival Mitie Group PLC could harm competition in Britain.

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Burger King Owner Inks $18M Deal In Suit Over $1B Buyout

By Sydney Price

Burger King and Popeyes owner Restaurant Brands International Inc. has reached an $18.2 million deal with shareholders who say they were "materially uninformed" about the true value of the company's 2024 $1 billion buyout of fast food franchisee Carrols Restaurant Group Inc.

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Nixon Peabody Hires Ex-SEC Commissioner Stein In DC

By Jack Rodgers

Nixon Peabody LLP has hired former U.S. Securities and Exchange Commission commissioner Kara Stein, who for the past four years has worked as a board member with the Public Company Accounting Oversight Board, the firm announced Tuesday.

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Foley Adds Corporate Ace From Gibson Dunn In Houston

By Lynn LaRowe

Foley & Lardner LLP has expanded its private capital offerings and national energy and infrastructure team with a Houston-based partner who came aboard from Gibson Dunn & Crutcher LLP.

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Burford Exec, Holland & Knight Adviser Open AI-Native Firm

By Andrea Keckley

Two veterans of the legal industry announced on Wednesday that they have teamed up to launch FairPlay Law, an AI-native firm based in Manhattan and focused on representing employees.

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Michael Best Combines With NY-Based Kane Kessler

By Kevin Penton

Michael Best & Friedrich LLP announced Wednesday that it is combining with New York-based firm Kane Kessler PC, adding 36 attorneys and a Big Apple presence to a firm that ranked 143rd on Law360's list of the nation's largest law firms.

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Protesters Say Feds' Fight Shows Need For Misconduct Probe

By Lauraann Wood

The U.S. government's opposition to a special investigation of prosecutorial misconduct that "poisoned" a now-dismissed criminal conspiracy case suggests Chicago prosecutors are still shielding critical details regarding the extent of official communications preceding the prosecution, underscoring the probe's necessity, protesters argued Tuesday.

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Apple Backs Its $132K Fee Ask Over 'Bad Faith' Subpoenas

By Bonnie Eslinger

Apple has urged a California federal magistrate judge to grant its $132,700 attorney fee request as a sanction against plaintiff consumers' lead lawyer in antitrust litigation claiming Google muscles out rival search engines, but said Apple's counsel doesn't want to disclose their "highly and competitively sensitive" negotiated legal rates.

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Newman Saga Prompts Bill To Limit Judicial Suspensions

By Courtney Bublé

The long-running saga over Federal Circuit Judge Pauline Newman's fitness to remain on the court has exposed "major flaws" in the judicial accountability system, according to a Republican member of the House who introduced a bill Wednesday to reform it.

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Brief

Senate Panel Weighs 6 Trump Judicial Picks From Red States

By Courtney Bublé

Six nominees for U.S. district judge appeared before the Senate Judiciary Committee on Wednesday for their nomination hearing.

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