Norwegian PE Firm To Buy Payroll Services Biz For $226M

By Dawood Fakhir

Zalaris ASA said Friday that it has agreed to be acquired by a fund of Norvestor Equity AS in a deal that values the Norwegian human resources and payroll services company at approximately 2.2 billion Norwegian kroner ($226 million).

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Hexagon Purus Sells Aerospace Biz To Elon Musk's SpaceX

By Dawood Fakhir

Norwegian green technology company Hexagon Purus ASA said Friday that it has completed the $15 million sale of its U.S. aerospace business to Elon Musk's Space Exploration Technologies Corp., or SpaceX.

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M&A Surges 14% In European Insurance Sector In 2025

By Tom Fish

Mergers and acquisitions in the European insurance sector reached a record high in 2025, driven by private equity-backed consolidators and rising interest in specialty insurers, according to FTI Consulting Inc.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

In London, Estée Lauder accused Jo Malone's founder of intellectual property infringement, the wife of an Iranian businessman linked to a £75 million fraud sued several Iranian oil companies, HSBC sued U.S. property tycoon Michael Fuchs, and Charles Russell Speechlys brought a claim against a United Arab Emirates company it once represented in an international arbitration.

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Industry Backs Gov't Plan To Limit Pension Investment Power

By Joel Poultney

The British government's move to limit a controversial measure designed to mandate pension funds to make certain investments is a "positive step," pensions trade groups have said.

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Brief

Advil-Maker Haleon Kicks Off £500M Share Buyback

By Irene Madongo

Haleon PLC has launched a share buyback program worth up to £500 million (£633 million) as it looks to downsize its share capital.

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Brief

Akin-Led Investor To Buy 41% Stake In UK Comms Biz Arqiva

By Tom Fish

Communications infrastructure operator Arqiva Broadcast Parent Ltd. said Friday that funds managed by Polus Capital Management have acquired a 26.54% stake in the company which were previously held by Macquarie.

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Brief

Guernsey Co. Tetragon To Return $50M To Shareholders

By Irene Madongo

Guernsey-based investment company Tetragon began a program Friday to purchase shares up to $50 million from investors.

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Brief

UK Chipmaker Raises £9.7M To Back Projects

By Irene Madongo

EnSilica PLC said Friday that it has conditionally raised about £9.7 million ($13 million) through a share sale, which the U.K. chipmaker plans to use to fast-track its projects, products and growing contract pipeline.

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