Danish fish feed manufacturer BioMar Group AS said Tuesday that it is aiming for a valuation of 10.4 billion Danish kroner ($1.6 billion) in its initial public offering in Copenhagen. 
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WEDNESDAY, MAY 20, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Davis Polk Helps BioMar Shoot For $1.6B Copenhagen IPO

By Najiyya Budaly

Danish fish feed manufacturer BioMar Group AS said Tuesday that it is aiming for a valuation of 10.4 billion Danish kroner ($1.6 billion) in its initial public offering in Copenhagen. 

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Cyber Breaches Cost UK Firms £3.7B In Litigation Fallout

By Martin Croucher

Cyberattacks on businesses in Britain are estimated to have cost £3.7 billion ($5 billion) in litigation in 2025, an insurance broker has said, warning that many do not have sufficient cover to protect against legal and reputational damage caused by a major breach.

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ArcelorMittal Sells $667M Of Shares In Steel Tubes Maker

By Dawood Fakhir

ArcelorMittal said Tuesday that it has sold part of its stake in steel-tubes maker Vallourec for approximately $667 million in a secondary share offering, with the proceeds to be used in the steel giant's ongoing share buyback program.

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DEALS

Electronics Biz DiscoverIE To Buy Canadian Rival For $68M

By Tom Fish

​Electronic parts maker DiscoverIE Group PLC said Tuesday that it has agreed to acquire a 90% stake in Canada-based rival 3Gmetalworx for $67.5 million, strengthening the U.K. company's foothold in North America and the wider defense sector.

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Energy Explorer Eco's $52M Planned Buy Wins Court Approval

By Tom Fish

Energy explorer Eco has won a final court order for its proposed acquisition of JHI Associates as the U.K. company takes another step toward completing a deal to expand its offshore interests in the Falkland Islands and Guyana.

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Engineering Services Group Buys High-Voltage Biz For £9M

By Irene Madongo

Renew Holdings PLC said Tuesday that its subsidiary Excalon has bought a high-voltage services provider for up to £9 million ($12 million), allowing the group to provide increasingly specialist electricity engineering services. 

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POLICY & REGULATION

Biz Lobby Calls For Reform Of Public-Private Partnerships

By Najiyya Budaly

A business lobby called on the government on Tuesday to reform partnerships with the private sector that finance the building of schools, hospitals and roads, in a move to make them more consistent and reliable.

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EU Closes In On Mandatory Scrutiny Of Key Sector Deals

By Tom Fish

The European Parliament approved tightened new rules governing foreign investments in sensitive sectors across the bloc on Tuesday, a significant step in its drive to protect economic security and reduce dependence on external powers.

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PEOPLE

Morgan Lewis Hires Covington Partner To Lead Europe M&A

By Ashish Sareen

Morgan Lewis said Tuesday that it has recruited a partner from Covington & Burling LLP in London to lead the firm's European M&A practice.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Browne Jacobson LLP

Covington & Burling

Davis Polk

Fogler Rubinoff

Gorrissen Federspiel

HSF Kramer

Milbank LLP

Morgan Lewis

Sidley Austin

Thompsons Solicitors

Torys

Travers Smith

COMPANIES IN TODAY'S NEWS

ArcelorMittal

Danske Bank AS

Danske Bank Group

Fort Point Capital

London Stock Exchange Group PLC

Marks & Spencer

Morgan Stanley

Nasdaq Inc.

Nordea Bank

TMX Group Ltd.

Vallourec

GOVERNMENT AGENCIES IN TODAY'S NEWS

European Commission

European Parliament

European Union

House of Commons of the United Kingdom