Transactions UK

  • March 14, 2025

    Life Sciences Property Investor To Put Itself Up For Sale

    Life Science REIT PLC on Friday announced a review into its future, which will consider putting itself up for sale or winding down, amid concerns about market headwinds and its underperforming share price.

  • March 14, 2025

    Science Co. Swipes At Rival Board As It Ups Stake By £21.7M

    International science and technology consultancy Science Group said Friday that it has increased its stake in Ricardo PLC to over 15% for approximately £21.7 million ($28 million), as it criticized the British rival's leadership for a historical fall in share prices.

  • March 14, 2025

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

    The past week in London has seen J.P. Morgan face action by the founder of Viva Wallet in an ongoing feud over the company's takeover, retailer Next Group contest a claim by the home ware brand owned by private members' club Soho House, and the venue of the Wimbledon Championships sue a local group opposed to its plans to build new tennis courts on protected land in Wimbledon Park.

  • March 14, 2025

    Greek Firms Steer Bank's €600M Insurer Stake Buy From CVC

    Piraeus Financial Holdings SA has signed a deal for its subsidiary to acquire 90% of Ethniki, a Greek insurer, from a fund controlled by CVC Capital Partners for €600 million ($654 million) in a move by the bank to diversify its business.

  • March 14, 2025

    ECB Greenlights UniCredit To Take 29.9% In Commerzbank

    Italian bank UniCredit said Friday that the European Central Bank has given it regulatory permission to buy just under 30% of Commerzbank, a German rival.

  • March 13, 2025

    6 Firms Steer $6.7B Mallinckrodt, Endo Pharma Merger

    Six law firms are guiding a $6.7 billion merger between Ireland's Mallinckrodt PLC and Pennsylvania-based Endo Inc. on a deal announced Thursday that the companies said will create a global pharmaceutical industry leader with projected 2025 revenues of $3.6 billion.

  • March 13, 2025

    Deliveroo To Return £100M To Investors After Reaching Profit

    Food courier Deliveroo PLC on Thursday said it will reward investors by buying back up to £100 million ($130 million) of shares, after it climbed to a profit in 2024.

  • March 13, 2025

    UK Data Biz Restore Buys Doc Manager Synertec For £22M

    Restore PLC said Thursday it has bought U.K. document management business Synertec (Holdings) Ltd. for an initial £22 million ($28.5 million) in cash, as the data manager moves to diversify its business.

  • March 13, 2025

    Euronext To Buy Norwegian Software Maker For $436M

    Euronext said Thursday that it has agreed to acquire governance software maker Admincontrol for 4.65 billion Norwegian kroner ($436 million) from a company backed by British private equity firm Hg Capital as it seeks to increase its subscription-based revenues.

  • March 13, 2025

    Model Trains Maker Hornby Eyes Quitting LSE

    Hornby PLC, a manufacturer of model train and locomotive sets, unveiled plans on Thursday to stop trading its stock on the London Stock Exchange and go private, saying that doing so will allow it to quicken its decision-making and cut costs.

  • March 13, 2025

    UK Clears Keysight's £1.2B Offer For Telecoms Biz Spirent

    Britain's antitrust authority said Thursday it has allowed U.S. technology company Keysight Technologies Inc. to proceed with its planned £1.16 billion ($1.5 billion) acquisition of Spirent Communications PLC, a U.K. telecoms testing specialist.

  • March 12, 2025

    Uber Drops $950M Foodpanda Buy Over Regulatory Issues

    German food delivery platform Delivery Hero SE has confirmed that ride-sharing giant Uber Technologies Inc. has decided to terminate its agreement to acquire Delivery Hero's Taiwanese Foodpanda for $950 million, citing regulatory hurdles.

  • March 19, 2025

    Ropes & Gray Opens Paris Office With Clifford Chance Trio

    Ropes & Gray LLP said Wednesday it has debuted in Paris with three former Clifford Chance LLP partners, with the boss of the new office attesting that the Magic Circle firms don't offer clients the best route to the U.S. market.

  • March 12, 2025

    Regulatory Rollback Gathers Pace As Programs Axed

    The City watchdog has dropped three of its top regulatory initiatives, responding on Wednesday to industry criticism and government pressure to boost competitiveness and economic growth.

  • March 12, 2025

    Gold Mining Co. Must Pay Adviser $2M For Merger Work

    A London court on Wednesday awarded an investment bank $2 million for work it did for a gold mining giant as part of a merger that created what was then the largest mining company in the world.

  • March 12, 2025

    EU Targets US Goods In Response To Trump's Tariffs

    The European Commission said Wednesday that it will impose tariffs on American goods imported into the European Union in response to U.S. tariffs placed on EU steel and aluminum exports.

  • March 12, 2025

    Balfour Beatty Discloses £125M Buyback For 2025

    Balfour Beatty PLC said Wednesday that it will buy back up to £125 million ($162 million) of its shares in 2025 to reduce its shares in the open market, as the infrastructure giant reported "strong progress" in its financial results for 2024.

  • March 12, 2025

    Vinge-Led Nordic Care Biz To Enter Finland With $137M Buy

    Scandinavian care provider Ambea said Wednesday that it has entered into the Finnish care market by agreeing to acquire another operator, Validia Oy, for approximately 1.38 billion Swedish kronor ($137 million) in a deal guided by Vinge.

  • March 12, 2025

    Charles Russell-Led Cake Biz To Buy Candy Co. For £22M

    Cake Box Holdings PLC said Wednesday it has agreed to buy Asian confectionary maker Ambala Foods Ltd. for £22 million ($28.5 million), as the U.K. food retailer moves to expand its product range and grow the business.

  • March 12, 2025

    Real Estate Co. Sirius To Buy UK Business Park For £40.5M

    Sirius said Wednesday it has agreed to acquire a business park and adjoining land near England's south coast for a total of £40.5 million ($52.4 million), as the industrial property operator continues its European expansion.

  • March 12, 2025

    L&G Launches £500M Buyback, Reports 6% Rise In Profits

    Legal & General Group PLC said Wednesday that it plans to line shareholders' pockets with £500 million ($647 million) over 2025 as it reported a 6% rise in core operating profits for 2024.

  • March 11, 2025

    CMA's Big Tech Enforcement To Focus On UK Impact

    An official for the Competition and Markets Authority said the agency will focus enforcement efforts against technology companies on issues that have a local impact in the United Kingdom and is less likely to act on issues already being addressed by other authorities.

  • March 11, 2025

    Dublin's Eaton To Buy US-Based Fibrebond For $1.4B

    Irish power management company Eaton said Tuesday it has agreed to acquire Louisiana-based Fibrebond Corp. for $1.4 billion as it looks to bolster its presence in data center markets.

  • March 11, 2025

    Financial Services Biz TP ICAP Starts 4th £30M Buyback

    Financial services firm TP ICAP Group PLC on Tuesday started a fourth share buyback of up to £30 million ($39 million), saying it could potentially proceed with plans to list its data business in the U.S. within months.

  • March 11, 2025

    Darrois-Led Zydus To Buy French Medical Tech Co. For €257M

    India-based life sciences company Zydus said Tuesday that it has agreed to acquire French medical technology company Amplitude Surgical SA for an initial price of €256.8 million ($280 million) from European private equity firm PAI Partners and other investors.

Expert Analysis

  • Where New UK And EU Vertical Agreements Rules Diverge

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    The lack of alignment between new EU and U.K. rules on vertical agreements is likely to present challenges to multinational businesses, and it would be prudent for legal advisers and companies to bear in mind the most stringent obligations of both, says Robert Bell at Armstrong Teasdale.

  • A Look Ahead At What The German M&A Market Holds In Store

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    Despite signs of a possible recession, there is still significant M&A activity in the German market, with long-term strategic planning, private equity investors, multiparty involvement and even the state all playing an important role, says Michael Ulmer at Cleary.

  • Tips For Handling Audio Data In E-Discovery Post-Pandemic

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    The rise of remote meetings during the COVID-19 pandemic has boosted the volume and importance of audio data in e-discovery — so organizations in highly regulated industries must collect and process that data, and establish complex strategies to manage their audio records, says Jack Bullen at FTI Consulting.

  • Agreement Among Litigants Key To Using E-Discovery Tech

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    Parties are increasingly using e-discovery technologies to control costs, but as a New York federal court order in Actos Antitrust Litigation shows, a well-drafted, negotiated protocol allows them to address potential objections prior to use and helps protect against later claims of incomplete production, say attorneys at McGuireWoods.

  • 4 Ways M&A Deals Are Changing

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    There are signs that the market may be cooling, but recent trends in M&A transactions reflect more than just market strength and indicate that there has been a more general change in deal approach, say attorneys at DLA Piper.

  • Opinion

    Law School Admissions Shouldn't Hinge On Test Scores

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    The American Bar Association recently granted law schools some latitude on which tests it can consider in admissions decisions, but its continued emphasis on test scores harms student diversity and is an obstacle to holistic admissions strategies, says Aaron Taylor at AccessLex.

  • How Market Challenges Are Affecting Deal-Making Trends

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    As private equity investors adjust to a new period of volatility and uncertainty in the marketplace, various trends in deal making are emerging in order to bridge valuation gaps and address financing concerns, say Alvaro Membrillera and Anna Pollak at Paul Weiss.

  • What Digital Asset Decisions Mean For Future Disputes

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    Following a number of recent landmark decisions in the English courts, the law continues to develop in the sphere of digital assets, and several themes are emerging that will benefit both individuals and organizations, say Chris Recker at Duane Morris and Celso De Azevedo at The 36 Group.

  • A Look At UK's 1st Report On Security Regime For Deals

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    The U.K. government’s recent report on the National Security and Investment Act, covering its first three months since it came into force in January, suggests that the regime may not be leading to a surge in benign notifications and that the government is responding quickly, which is good news for businesses, say attorneys at Cooley.

  • What EU Changes To Dual Distribution Mean For Franchises

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    Following the European Commission’s adoption of the Vertical Block Exemption Regulation and accompanying vertical guidelines regarding dual distribution, which took effect this month, franchisors should examine their flow of information to and from franchisees to determine whether it must be restricted, say attorneys at Baker McKenzie.

  • How ESG Matters Are Influencing M&A Due Diligence Trends

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    With a proliferation of environmental, social and governance-related regulatory developments and a desire to comply with best practice, ESG matters have become an increasingly important area of focus for both clients and advisers in M&A transactions, say attorneys at Sullivan & Cromwell.

  • Changes To UK Competition Rules Will Extend CMA Powers

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    Recent amendments to U.K. competition and consumer law regimes introduce changes to merger control and antitrust investigations that will result in the speedier resolution of cases and greater autonomy for the Competition and Markets Authority, say Bill Batchelor and Aurora Luoma at Skadden.

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