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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WEDNESDAY, SEPTEMBER 16, 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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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, led 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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POLICY & REGULATION

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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LITIGATION

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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PEOPLE

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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LEGAL INDUSTRY

How States' 'Perry Mason Moment' Led To $17B Meta Deal

By Dorothy Atkins

A recent landmark $17.1 billion settlement with Meta Platforms Inc. may have never happened if it weren't for a quick-thinking trial attorney and his close-knit team of lawyers representing 29 states, who worked together to swiftly shift strategies midtrial.

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Ashurst Perkins Aided $230M ICap Ponzi Scheme, Suit Claims

By Ben Adlin

Ashurst Perkins Coie pocketed millions of dollars in legal fees by providing services to clients it knew were operating a Ponzi scheme that ultimately swindled investors out of nearly $230 million, plaintiffs claimed in a Washington state lawsuit accusing the firm of aiding and abetting fraud.

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Trump Taps Ex-DOL Official To Serve As EEOC Top Cop

By Anne Cullen

The White House nominated a former Morgan Lewis & Bockius LLP attorney who previously led the U.S. Department of Labor's contractor compliance arm to serve as the general counsel of the U.S. Equal Employment Opportunity Commission.

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Washington Sen. Murray Vows To Block Trump US Atty Pick

By Courtney Bublé

President Donald Trump's nominee to be U.S. Attorney for the Western District of Washington is under fire from one of the home state senators who vowed to use every avenue possible to block him.

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Fla. Judge Won't Pause Trump-IRS Settlement Sanctions

By Jack McLoone

The Florida federal judge who barred President Donald Trump and others from citing a settlement resolving what she characterized as a sham $10 billion case against his own Internal Revenue Service won't pause her sanctions order while the president appeals to the Eleventh Circuit.

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4th Circ. Appears Split On Reviving Comey, James Indictments

By Jared Foretek

Partisan splits were apparent Tuesday on the Fourth Circuit panel hearing the Trump administration's challenge to a federal district judge's dismissal of the indictments of former FBI Director James Comey and New York Attorney General Letitia James, with two of the three judges appearing to agree an improper appointment doomed the cases.

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Brief

Calif. Judge Charged Over Fatal Crash With Bicyclist

By Craig Clough

California Attorney General Rob Bonta announced Tuesday that his office charged Kings County Superior Court Judge Kendra Weber with a misdemeanor count of vehicular manslaughter, alleging she struck and killed a bicyclist.

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COMPANIES IN TODAY'S NEWS

Burger King Holdings Inc.

Carrols Restaurant Group Inc.

Clayton Dubilier & Rice LLC

DoorDash Inc.

G4S

GrubHub Inc.

Instagram Inc.

International Organization of Securities Commissions

Jefferies Financial Group Inc.

LinkedIn Corp.

London Stock Exchange Group PLC

Meta Platforms Inc.

PSG Equity LLC

Princeton University

Public Co. Accounting Oversight Board

Restaurant Brands International Inc.

San Francisco Giants

Schellman Compliance LLC

Securitas AB

SoftBank Group Corp.

Stanford University

The Goldman Sachs Group Inc.

Warburg Pincus LLC

Wonder Group Inc.

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Andrews & Springer

Ashurst Perkins

Bernstein Litowitz

Brito PLLC

Carmichael Ellis

Cooley LLP

Covington & Burling

Debevoise & Plimpton

Dentons

Fenwick & West

Foley & Lardner

Fried Frank

Gibson Dunn

Kaskela Law

Kirkland & Ellis

Kornfeld LLP

Labaton Keller

Latham & Watkins

Linklaters LLP

Lowell & Associates

Morgan Lewis

Nixon Peabody

Norton Rose

Pachulski Stang

Paduano & Weintraub

Paul Weiss

Rivero Mestre

Skadden Arps

Sullivan & Cromwell

Susman Godfrey

Venable LLP

Weil Gotshal

White & Case

WilmerHale

Wilson Sonsini

Wohl & Fruchter

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

California Department of Justice

Colorado Attorney General's Office

Competition and Markets Authority

Delaware Court of Chancery

Equal Employment Opportunity Commission

Executive Office of the President

Federal Bureau of Investigation

Internal Revenue Service

New York Attorney General's Office

Office of Federal Contract Compliance Programs

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Treasury

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

U.S. District Court for the Southern District of Florida

U.S. District Court for the Western District of Washington

U.S. Office of Personnel Management

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the Eastern District of Washington