Italian investment bank Mediobanca SpA said Monday that it plans to buy a domestic rival, Banca Generali SpA, for €6.3 billion ($7.1 billion), heating up consolidation in the country's banking sector.
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Italy's Mediobanca Offers €6.3B For Rival Banca Generali

By Najiyya Budaly

Italian investment bank Mediobanca SpA said Monday that it plans to buy a domestic rival, Banca Generali SpA, for €6.3 billion ($7.1 billion), heating up consolidation in the country's banking sector.

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Sullivan & Cromwell-Led Merck To Buy SpringWorks For $3.9B

By Tom Fish

Merck KGaA said Monday it has agreed to acquire U.S. biotech company SpringWorks Therapeutics for $3.9 billion, as the German science and technology group aims to grow its cancer drug business and its global presence.

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Airbus To Acquire Assets Of Aircraft Parts Maker For $439M

By Najiyya Budaly

Airbus SE said Monday that it has finalized a deal for the global components operations of Spirit AeroSystems as part of a $4.7 billion takeover of the parts maker by aircraft manufacturing giant Boeing.

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DEALS

Hogan Lovells Leads Royal London's College Pension Buy-In

By Tom Fish

The College of Law's retirement scheme has agreed to an £85 million ($114 million) buy-in with Royal London, the U.K.'s largest mutual life, pensions and investment company announced Monday.

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Alpine Ski Resort Biz Buys 33% Of Terresens For €6.9M

By Dawood Fakhir

French ski resorts operator Compagnie des Alpes said Monday that it has acquired a one-third equity stake in hospitality company Terrésens for €6.9 million ($7.8 million), with an aim to increase its holding to 80% in three to four years.

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CAPITAL MARKETS

Compliance Firm Marlowe Unveils £15M Buyback, Acquisition

By Irene Madongo

Marlowe PLC, the testing, inspection and certification services business, on Monday announced an additional £15 million ($20 million) share repurchase program, as it unveiled its acquisition of waste management services business Sludge Tek.

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LAW FIRMS IN TODAY'S NEWS

Cleary Gottlieb

Davis Polk

Fieldfisher

Goodwin Procter

Hogan Lovells

Linklaters LLP

Skadden Arps

Sullivan & Cromwell

COMPANIES IN TODAY'S NEWS

Assicurazioni Generali

Banco BPM SpA

Centerview Partners Holdings LP

Commerzbank

Euronext Amsterdam NV

Mediobanca

Merck & Co. Inc.

Merck KGaA

NASDAQ Inc.

Onex Corporation

Spirit AeroSystems Holdings Inc.

SpringWorks Therapeutics Inc.

The Boeing Co.

The Goldman Sachs Group Inc.

UniCredit