Canada Life Ltd. said Thursday that it has completed a £40 million ($53 million) full-scheme buy-in with a pension program at a financial services company, securing the retirement benefits of more than 140 members.
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TOP NEWS

Stephenson Harwood Steers £40M Canada Life Pension Buy-In

By Tom Fish

Canada Life Ltd. said Thursday that it has completed a £40 million ($53 million) full-scheme buy-in with a pension program at a financial services company, securing the retirement benefits of more than 140 members.

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Oven Pride Maker To Buy European Rival For €40M

By Dawood Fakhir

Cleaning products maker McBride PLC said Thursday that it has agreed to acquire rival Eurotop Group for approximately €40 million ($46 million) to become a leading detergent producer in Europe.

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Group Calls For Tougher FCA Rules On Big Investor Conflicts

By Alex Davidson

A trade body called Thursday for the Financial Conduct Authority to close loopholes in its rules exposed by hedge fund Saba Capital's aim to replace Baillie Gifford as investment manager for Edinburgh Worldwide Investment Trust.

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DEALS

Data Biz Tracsis Buys German Ticketing Firm For Up To €8.2M

By Dawood Fakhir

Transport data company Tracsis PLC said Thursday that it has acquired online ticketing company Vesputi for up to €8.2 million ($9.4 million), marking its entry into the German public transport market.

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Insurance Platform Acrisure UK Acquires 4 Firms

By Tom Fish

Acrisure UK Broking said Thursday that it has acquired four retail insurance businesses as the global firm's subsidiary in London continues its expansion across Britain.

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CAPITAL MARKETS

Optio Group To Acquire London-Based Marine MGA

By Joel Poultney

Managing general agent Optio has agreed to acquire another London-based marine insurance MGA, marking the latest buy for the expanding business in the specialized insurance market.

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LITIGATION

Roundup

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

By Laura Stewart Liberty

The past week in London has seen data giant Sportrader face action from software company Altenar over alleged market abuse, Mexican billionaire Ricardo Pliego sue a man who allegedly defrauded him out of $415 million, and Warner Bros. bring a copyright claim against a YouTuber who leaked set footage of the upcoming Harry Potter series. Here, Law360 looks at these and other new claims in the U.K. 

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PEOPLE

Burges Salmon Bolsters M&A With Deals Lawyer From US

By Irene Madongo

Burges Salmon has appointed Rebecca Wilsker, a specialist lawyer with "significant" international experience, as a director in its corporate and mergers and acquisitions team in London.

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EXPERT ANALYSIS

What CMA Blog Reveals About Pricing Collusion Scrutiny

The Competition and Markets Authority's recent blog post announcing capabilities to screen for algorithmic collusion demonstrates that the regulator's concerns are crystallizing into enhanced investigative and enforcement actions, broadening the range of commercial arrangements at risk of antitrust scrutiny, say lawyers at Freshfields.

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LAW FIRMS IN TODAY'S NEWS

Astraea Group Ltd.

Birketts LLP

Bryan Cave

Burges Salmon

Campbell Johnston

Capsticks Solicitors LLP

Clyde & Co

DWF LLP

Doyle Clayton

Fieldfisher

Freshfields

Geradin Partners

Holland & Knight

LK Law Pty Ltd

Latham & Watkins

Mathys & Squire

Peters & Peters Solicitors

Reynolds Porter

Stephenson Harwood

Ward Hadaway

White & Case

Wiggin LLP

COMPANIES IN TODAY'S NEWS

AXA XL Ltd.

Acrisure LLC

Aldi GmbH & Co. KG

American Airlines Group Inc.

BAE Systems PLC

Baillie Gifford & Co.

Carrefour SA

Dnata

Hilton Worldwide Holdings Inc.

Home Box Office Inc.

InterContinental Hotels Group PLC

Johnson Controls International PLC

Lendlease Corp.

Liberty Mutual Insurance Group

LinkedIn Corp.

Lloyd's America Inc.

London Stock Exchange Group PLC

Marriott International Inc.

Mediterranean Shipping Co. SA

Meggitt PLC

Meta Platforms Inc.

Network Rail Ltd.

Sportradar Group AG

Tesco Corp.

Trafigura Group Pte. Ltd.

Vitol Inc.

Volkswagen AG

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

Willis Towers Watson PLC

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Competition and Markets Authority

European Commission

European Union

Financial Conduct Authority

HM Revenue & Customs

Transport for London

U.S. Department of Justice

U.S. District Court for the District of New Jersey

UK High Court