Balfour Beatty PLC announced Tuesday that it has sold its interest in a Hong Kong-based joint venture to partner Jardine Matheson for £250 million ($331 million), a move intended to sharpen the infrastructure giant's strategic focus on crucial markets in the U.K. and U.S.
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WEDNESDAY, OCTOBER 14, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Hogan Lovells Guides £250M Sale Of Balfour Beatty JV

By Dawood Fakhir

Balfour Beatty PLC announced Tuesday that it has sold its interest in a Hong Kong-based joint venture to partner Jardine Matheson for £250 million ($331 million), a move intended to sharpen the infrastructure giant's strategic focus on crucial markets in the U.K. and U.S.

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Jones Day, Morgan Lewis Guide $2.1B Steris-Xodus Deal

By Al Barbarino

Steris PLC has agreed to acquire specialty surgical products business Xodus Medical Inc. and some affiliates for $2.1 billion, with Jones Day advising Steris and Morgan Lewis & Bockius LLP representing Xodus.

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Premier Inn Owner Opposes Investor's Push For Board Seat

By Irene Madongo

Hotelier Whitbread urged shareholders Tuesday to vote against a plan by investor Corvex to appoint a new board member, as it affirmed its confidence in the business and warned against adding a director with "a very different agenda."

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M&A

UK Tech Co. Bytes To Buy Cyber Biz For At Least £19M

By Irene Madongo

Bytes Technology Group said Tuesday that it plans to acquire online security specialist CyberOne in a transaction worth at least £19.4 million ($25.7 million), which it says will combine the strengths of the two businesses.

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PRIVATE EQUITY

Brief

Roschier Advises Nokia On Sale Of Unit To Investor Aurelius

By Irene Madongo

Nokia said Tuesday it has inked an agreement to offload its private wireless unit Enterprise Campus Edge to investment company Aurelius as the Finnish telecoms giant looks to streamline its business.

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CAPITAL MARKETS

Brief

LSEG Eyes $3.5B Buy Of Permira's Credit Data Firm Octus

By Najiyya Budaly

London Stock Exchange Group PLC said Tuesday that it is in talks to buy U.S. credit intelligence provider Octus for $3.5 billion in order to boost its data and analytics offering.

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London's AIM Welcomes 4 Companies As 1 Seeks Delisting

By Dawood Fakhir

London's Alternative Investment Market welcomed a wave of new arrivals Tuesday as four companies pursued or completed listings, while cinema chain Everyman Media Group unveiled plans to quit the junior exchange.

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PENSIONS

Sackers Guides UBS Trustee On £1.7B Pension Deal With L&G

By Dawood Fakhir

Banking giant UBS Group has offloaded £1.7 billion ($2.25 billion) in pension liabilities to Legal and General in what the insurer described on Tuesday as the largest pension risk transfer deal so far in 2026 in the U.K.

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LAW FIRMS IN TODAY'S NEWS

Gowling WLG

Hogan Lovells

Jones Day

Morgan Lewis

Skadden Arps

Slaughter and May

COMPANIES IN TODAY'S NEWS

Balfour Beatty PLC

Corvex Management

Credit Suisse Group AG

JPMorgan Chase & Co.

Jardine Matheson Holdings Ltd.

London Stock Exchange Group PLC

Microsoft Corp.

Morgan Stanley

Nasdaq Inc.

Nokia Corp.

Permira

PricewaterhouseCoopers LLP

Steris PLC

The Goldman Sachs Group Inc.

UBS Group AG

Warburg Pincus LLC

Whitbread PLC

Willis Towers Watson PLC

Xodus Medical