The U.K. antitrust watchdog said Tuesday that it is taking soundings about whether to launch an investigation into Greencore Group PLC's proposed £1.2 billion ($1.6 billion) acquisition of rival Bakkavor Group PLC, a British convenience food maker.
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TOP NEWS

CMA Weighs Probe Of Greencore's £1.2B Bid For Bakkavor

By Tom Fish

The U.K. antitrust watchdog said Tuesday that it is taking soundings about whether to launch an investigation into Greencore Group PLC's proposed £1.2 billion ($1.6 billion) acquisition of rival Bakkavor Group PLC, a British convenience food maker.

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Telenor To Buy GlobalConnect's Norway Fiber Biz For $600M

By Dawood Fakhir

Telecommunications giant Telenor said Tuesday that it has agreed to acquire the consumer business of GlobalConnect in Norway for 6 billion Norwegian krone ($595 million) in a move to boost its fiber optic network capabilities in the Nordic country.

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Peugeot Invest Nets €193M In Final SPIE Stake Sale

By Dawood Fakhir

The investment arm of the Peugeot family said Tuesday it has agreed to sell its remaining stake in SPIE for approximately €193 million ($226 million), marking its exit from the France-based technical services provider.

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DEALS

Energy Biz To Sell 50% Stake In Indian Gas Field For $14M

By Tom Fish

Australia's Synergia Energy Ltd. said Tuesday that it has agreed to sell its remaining 50% stake in a gas field in Gujarat state to its joint venture partner Selan Exploration Technology Ltd. for $14 million in cash.

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2 Firms Steer Insurance Group CRC's Lloyd's Underwriter Buy

By Tom Fish

The wholesale insurance broker CRC Group has agreed to acquire the U.K.-based underwriting business Atrium from private equity firm Stone Point Capital.

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Epiq Expands Global Footprint With Case Pilots Acquisition

By Steven Lerner

Epiq expanded its class action administration services in the U.K. and Europe by acquiring the claims administration company Case Pilots, the legal technology and services provider announced Tuesday.

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Brief

Insurance Consultancy BW Acquires Cybersecurity Firm

By Irene Madongo

Barnett Waddingham said Tuesday it has acquired advisory business Risk Evolves, a move the insurance consultancy expects will strengthen its offering for clients.

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Brief

Games Developer Frontier Kicks Off £10M Share Buyback

By Irene Madongo

Frontier Developments PLC launched a stock repurchase program of up to £10 million ($13.6 million) on Tuesday, as the British video games developer looks to reward investors.

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POLICY & REGULATION

EU Markets Regulator Unveils Plan To Cut Emissions By 2030

By Alex Davidson

Europe's financial markets watchdog published Tuesday its first climate transition plan as a step toward meeting the European Union's climate objectives.

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EU Negotiators Aim For US Trade Deal Before August

By Josh White

The European Union aims to secure an agreement with the U.S. government over threatened tariffs before August to end the economic uncertainty around trade, an EU commissioner confirmed Tuesday.

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LAW FIRMS IN TODAY'S NEWS

A&L Goodbody

Arthur Cox

Ashurst LLP

Cravath Swaine

Debevoise & Plimpton

Freshfields

Mills & Reeve

Norton Rose

Simpson Thacher & Bartlett LLP

Slaughter and May

COMPANIES IN TODAY'S NEWS

BNP Paribas SA

BigHand Ltd.

Euronext Amsterdam NV

Evercore Inc.

Greencore Group PLC

Groupe PSA

London Stock Exchange Group PLC

Morgan Stanley

Stellantis NV

Stone Point Capital LLC

Telenor ASA

Tesco Corp.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition and Markets Authority

Council of the EU

European Securities and Markets Authority

European Union

Office of the U.S. Trade Representative

U.S. Department of Commerce