Shareholders have settled their dispute with U.K.-based drug company Biogen for allegedly failing to make a $50 million payment under a deal to acquire the company and its nerve pain medication, according to court documents.
Shareholders have settled their dispute with U.K.-based drug company Biogen for allegedly failing to make a $50 million payment under a deal to acquire the company and its nerve pain medication, according to court documents.
Investment trust 3i Infrastructure PLC said Wednesday that it has agreed to acquire a majority stake in a Norwegian data center for approximately €300 million ($348 million), as it expands into the fast-growing online infrastructure sector.
Dutch insurer Achmea Pension & Life Insurance said Wednesday it has offloaded €8 billion ($9.3 billion) of the longevity risk on its pension liabilities to Munich Re and Pacific Life Re in a deal steered by Hogan Lovells International, Marcfarlanes, NautaDutilh and Debevoise.
Janus Henderson Group PLC on Wednesday said its board rejected a competing buyout bid from Victory Capital Holdings as it continues to recommend its pending $7.4 billion acquisition by Trian Partners and General Catalyst.
Irwin Mitchell LLP said Wednesday that it has agreed to sell its debt recovery subsidiary to an arm of investor Copper Street Capital as the U.K. law firm sharpens its focus on core legal services.
Energy company Eco said Wednesday it has agreed to acquire the remaining shares of privately held JHI Associates Inc. to expand its exploration portfolio and establish a partnership with Navitas Petroleum LP in the North Falkland Basin.
Legal & General Group PLC said Wednesday it will begin a £1.2 billion ($1.6 billion) shares buyback, the largest in its history, as the British insurer and asset manager moves to return surplus capital to shareholders while reshaping its business.
Investment adviser EIG has sold a 3.8% stake in oil and gas company Harbour Energy on the open market for £153 million ($206 million) in total, bookrunner Barclays Bank PLC said Wednesday.
Infrastructure giant Balfour Beatty unveiled plans on Wednesday to boost returns for investors in 2026, which include raising its share repurchase program to £200 million ($268 million) from the £50 million it announced in January.
Oil and gas explorer Kosmos Energy Ltd. has raised approximately $185 million from selling shares to repay its debts, according to a statement issued to the London Stock Exchange.
European Green Transition PLC said Wednesday it plans to raise around £7.5 million ($10 million) by issuing shares to investors, up from its previously announced target of £5 million.
