Swedish investment giant EQT AB said Monday that it has formed a new consortium to acquire international school operator Nord Anglia Education for $14.5 billion in a deal guided by Latham & Watkins LLP, Debevoise & Plimpton LLP and Ropes & Gray LLP.
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TOP NEWS

Debevoise-Led EQT Pool To Buy $14.5B Private School Biz

By Dawood Fakhir

Swedish investment giant EQT AB said Monday that it has formed a new consortium to acquire international school operator Nord Anglia Education for $14.5 billion in a deal guided by Latham & Watkins LLP, Debevoise & Plimpton LLP and Ropes & Gray LLP.

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JAB To Buy Increased Stake In Coffee Biz For €2.16B

By Tom Fish

German conglomerate JAB Holding Co. said Monday it has agreed to increase its stake in global caffeinated-beverage giant JDE Peet's NV with the purchase of 86 million shares for €2.16 billion ($2.34 billion).

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Norwegian Bank DNB To Buy Carnegie Holding For $1.14B

By Irene Madongo

DNB Bank ASA said Monday it has inked a deal to snap up investment bank Carnegie for 12 billion Swedish kronor ($1.14 billion) in cash, advised by Swedish law firm Mannheimer Swartling.

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Sanofi Sells Majority Stake In Opella To CD&R, French State

By Najiyya Budaly

Pharmaceutical giant Sanofi SA said Monday that it will sell a controlling stake in Opella to U.S. private equity shop Clayton Dubilier & Rice LLC and France's public investment bank, in a deal valuing its consumer healthcare business at €16 billion ($17 billion).

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M&A

Slaughter & May-Led Investor To Sell Logistics Co. For $760M

By Tom Fish

Bermuda investment holding company Ocean Wilsons said Monday its subsidiary has agreed to sell its majority stake in a maritime logistics company to a unit of container shipper giant MSC for 4.352 billion Brazilian real ($760 million).

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Amex To Take Over Swisscard Joint Venture From UBS

By Irene Madongo

UBS Switzerland AG on Monday said American Express has agreed to take over its 50% stake in credit card provider Swisscard, getting control of the former Credit Suisse joint venture as the credit card giant looks to expand its business in Switzerland.

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MERGER REVIEW

CMA Probes German Print Biz's $325M Buy Of US Rival

By Dawood Fakhir

Britain's antitrust regulator said Monday that it is investigating printing chemicals maker XSYS Germany GmbH's approximately $325 million proposed acquisition of MacDermid Graphics Solutions from U.S. specialty chemicals production company Element Solutions Inc.

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Catalent CEO Defends Novo Deal, Will Stay On After Buyout

By Al Barbarino

Catalent CEO Alessandro Maselli told the medical company's customers Monday that Catalent will continue to support them following its planned $16.5 billion sale to Novo Holdings, seeking to assure clientele after Sen. Elizabeth Warren and advocacy groups pressured the Federal Trade Commission to scrutinize and potentially block the deal.

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LITIGATION

Billionaire Fights PE Giant Over Software Co. Stakes

By Ronan Barnard

An Irish venture capitalist has accused a unit of a major private equity firm of stopping him from forcing it out of its stake in a major management software company to make him buy them out at a premium, in documents disclosed at a London court hearing.

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PEOPLE

Kirkland Hires 2 Structured Finance Attys In NY, London

By Matt Perez

Kirkland & Ellis LLP is continuing the build-out of its structured finance and private credit practice, announcing on Saturday the lateral hiring of two partners in New York and London.

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Mayer Brown Taps Life Insurance Expert From Skadden

By Tom Fish

Mayer Brown LLP has hired an insurance expert as a partner at its London practice as the U.S.-based firm looks to boost its U.K. presence in the complex life insurance sector.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Brick Court Chambers

Clifford Chance

Debevoise & Plimpton

Dechert LLP

Dewey & LeBoeuf

Kirkland & Ellis

Latham & Watkins

Mannheimer Swartling

Mayer Brown

Milbank LLP

Norton Rose

One Essex Court

Pallas Partners

Reynolds Porter

Ropes & Gray

Skadden Arps

Slaughter and May

COMPANIES IN TODAY'S NEWS

American Express Co.

BNP Paribas SA

BTG Pactual

Brooklyn Law School

Catalent Inc.

Clayton Dubilier & Rice LLC

Credit Suisse Group AG

DNB ASA

Deutsche Bank AG

EQT AB

EQT Corp.

Euronext Amsterdam NV

Globoforce Group PLC

HSBC Holdings PLC

Intermediate Capital Group PLC

JPMorgan Chase & Co.

Keurig Dr Pepper Inc.

Lazard Ltd.

MasterCard Inc.

Mediterranean Shipping Co. SA

Mondelez International Inc.

Morgan Stanley

Neuberger Berman

Novo Nordisk A S

Rowan University

Sanofi

The Goldman Sachs Group Inc.

Twitter Inc.

UBS Group AG

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition and Markets Authority

Federal Trade Commission

Financial Conduct Authority