Business parks owner Sirius said Tuesday that it has acquired a business park in the English Midlands for approximately £101.1 million ($136 million) from Schroders Capital UK Real Estate Fund in a "transformational" deal which grows its U.K. portfolio by 18%.
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WEDNESDAY, AUGUST 13, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Sirius Expands UK Holdings With £101M Regional Buy

By Dawood Fakhir

Business parks owner Sirius said Tuesday that it has acquired a business park in the English Midlands for approximately £101.1 million ($136 million) from Schroders Capital UK Real Estate Fund in a "transformational" deal which grows its U.K. portfolio by 18%.

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UK Military Tech Co. To Sell US Data, Cyber Units For $31M

By Tom Fish

QinetiQ said Tuesday it has agreed to sell the data and digital subsidiaries of its Federal IT Services business to V2X Inc., a U.S.-based aerospace and defense company, for $31 million.

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Osborne Clarke-Led Wilmington To Buy Tech Biz For €121M

By Tom Fish

Wilmington PLC said Tuesday that it has agreed to acquire a software business from Spanish investor Arraigo Midco SL for €121.6 million ($141.6 million), as the data company attempts to grow its governance, risk and compliance business.

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LITIGATION

Power Line Sellers Sue Engineering Co. Over Unpaid £20M

By Eddie Beaver

A group of Northern Irish companies has sued an engineering business for £20 million ($27 million) over its alleged refusal to pay in full for two overhead power line contractors.

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M&A

Insurer Utmost Group's Assets Grow To £107B After Rival Buy

By Dawood Fakhir

Utmost Group said Tuesday that its gross cash inflows increased to £5.3 billion ($7.1 billion) in the first half of 2025 after the British insurer completed the acquisition of rival Lombard International in December.

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Specialist Risk Group Acquires City Quarter Brokers

By Tom Fish

U.K. insurance intermediary Specialist Risk Group said Tuesday it has bought the London-based City Quarter, an international insurance and reinsurance broker, to bolster the group's growing wholesale platform.

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NEWS IN BRIEF

Brief

Facilities Management Giant ISS To Return $272M To Investors

By Irene Madongo

ISS AS launched a share buyback program worth up to 1.75 billion Danish kroner ($272 million), the second phase of the facilities management services company's plan to reward investors.

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LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

Osborne Clarke

Uria Menendez

COMPANIES IN TODAY'S NEWS

BNP Paribas SA

BlackRock Inc.

IDIQ

Lincoln International LLC

Lockheed Martin Corp.

London Stock Exchange Group PLC

Nasdaq Inc.

QinetiQ Group PLC

Schroders PLC

V2X Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

U.S. Air Force

U.S. Army

UK High Court