Sports Biz Owners Defeat JV's Fraud Claim Over $715M Deal

By Sophia Dourou

The former owners of a collapsed sports media business have defeated a fraud claim after a court found they had not misrepresented the financial health of the company to convince a joint venture to buy a majority stake for $715 million.

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Japan Post To Take 2.9% Stake In UK Asset Manager

By Tom Fish

​Investment manager Ashmore Group has agreed a partnership with Japan Post Insurance Co. Ltd. in which the insurer would acquire a stake of up to 2.9% in the group and invest $1 billion in its managed emerging market funds.

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Mega-Deals Hit Record In 1st Quarter Of 2026, WTW Says

By Tom Fish

Global mergers and acquisitions rebounded "with a vengeance" in the first three months of 2026, Willis Towers Watson said Wednesday, fueled by a record number of blockbuster transactions even though corporate buyers face global geopolitical turmoil and market volatility.

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Finland's Lumo Homes Buys Apartment Portfolio For €900M

By Dawood Fakhir

Finnish property company Lumo Homes PLC said Wednesday that it has acquired 60 residential properties from Varma Mutual Pension Insurance Co. for approximately €900 million ($1 billion) in cash and more than 24.6 million shares.

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British Business Bank Raises £200M For Venture Capital Fund

By Joel Poultney

British Business Bank said Wednesday that its venture capital investment vehicle has achieved its first close of £200 million ($266 million) after winning backing from three U.K. pension funds.

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Monthly Merger Review Snapshot

By Bryan Koenig

The Justice Department allowed Live Nation to keep Ticketmaster while state attorneys general continue to sue, a $14 billion Boston Scientific deal drew Federal Trade Commission scrutiny, state enforcers challenged Nexstar's purchase of Tegna, and a threatened FTC challenge forced the abandonment of a laser eye surgery deal.

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Mkango Boosts Fundraising To £12.5M After Strong Demand

By Dawood Fakhir

Rare earths miner Mkango said Wednesday that it has raised £12.5 million ($17 million) from an oversubscribed share sale to new and old investors to fund a potential £4.9 million acquisition in Germany and meet other expenses.

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Brief

Social Housing Manager Begins Buyback Worth Up To £20M

By Irene Madongo

Mears Group PLC began on Wednesday a share repurchase program worth up to £20 million ($26.6 million) to return surplus cash to shareholders and reduce the social housing manager's share capital.

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Brief

Fintech Biz IG Kicks Off 1st Phase Of £125M Share Buyback

By Irene Madongo

IG Group Holdings PLC rolled out a share repurchase program worth up to £62.5 million ($83 million) on Wednesday, the first phase of the financial technology company's wider £125 million buyback plan designed to downsize its share capital.

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Brief

Mercia Asset Management Launches £3M Buyback Program

By Irene Madongo

Mercia kicked off on Wednesday a share buyback program worth up to £3 million ($4 million) to return cash to the asset manager's investors and reduce share capital.

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White & Case Expands In Brussels With Amazon Hire

By Ashish Sareen

White & Case LLP has recruited a senior in-house lawyer at Amazon for its office in Brussels, the law firm's latest technology-focused hire globally.

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