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Transactions UK
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September 05, 2025
FCA's New Redress Powers Spark Some Legal Concerns
Government plans to reform the Financial Ombudsman Service will give the Financial Conduct Authority new powers to introduce wide-ranging consumer redress programs at its discretion, leading lawyers to warn that the regulator could become too susceptible to public pressure.
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September 04, 2025
Monthly Merger Review Snapshot
The Justice Department settled a challenge to UnitedHealth's $3.3 billion home hospice acquisition while Democrats called for a judge to reject a different government settlement and the Federal Trade Commission moved against medical technologies transactions for heart valves and device coatings.
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September 04, 2025
MFE Takes Majority Stake In ProSiebenSat.1 For About $1.8B
MFE-MediaForEurope said Thursday it has become the majority shareholder of ProSiebenSat.1 Media after securing a 75.61% stake in the German broadcaster, a holding worth about $1.8 billion based on the company's earlier $2.4 billion valuation.
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September 04, 2025
Virtual Firm Unveils Legal Services Subscription For Startups
A virtual law firm in the northwest of England has launched a legal subscription service aimed at startups and other small businesses, an alternative to the traditional model where lawyers charge their clients by the hour.
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September 04, 2025
British SPAC Ends Talks To Buy Australian Mining Co.
British blank-check company Pineapple Power said Thursday that it has called off its proposed acquisition of Australian mining company Buffalo Battery Metals, "despite significant effort by both parties" to reach a deal, with plans to resume trading after more than eight months.
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September 04, 2025
IG Group Launches £125M Buyback To Lower Share Capital
IG Group Holdings PLC began a share repurchase program worth up to £125 million ($168 million) on Thursday as the financial technology business said that the sole purpose of the move is to reduce share capital.
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September 04, 2025
Sidley-Led Evri Merger With DHL UK Unit Cleared After Probe
The U.K. competition watchdog gave the green light on Thursday to the proposed merger of parcel delivery service Evri and the British e-commerce subsidiary of DHL Group, paving the way for the creation of a major postal logistics service in the country.
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September 04, 2025
Shareholders Back Apax Partners' €916M Apax Global Deal
Investment company Apax Global Alpha Ltd. said Thursday that its shareholders have thrown their weight behind a €916.5 million ($1.1 billion) takeover deal put forward by Apax Partners LLP, a private equity firm that it works with.
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September 04, 2025
Currys Begins £50M Buyback Amid AI Computing Sales Boost
Electrical goods retailer Currys flicked the on-switch Thursday on a share buyback program worth up to £50 million ($67 million) as it reported strong sales in artificial intelligence computing and coffee machines.
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September 04, 2025
Anglo American Spins Off Remaining Valterra Stake For $2.5B
Mining giant Anglo American PLC said Thursday that it has offloaded its remaining 19.9% stake in Valterra Platinum Ltd. for $2.5 billion to South African investors, completing the sale of its platinum business.
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September 03, 2025
Eversheds Adds New Partners From Latham And A&O
Eversheds Sutherland said Wednesday that it has hired three new partners from A&O Shearman, Latham and the former owner of discount retailer Poundland, strengthening its corporate and commercial practices.
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September 03, 2025
4 Firms Steer $2.7B Sale Of Aon's NFP Wealth Biz
Aon said Wednesday it has agreed to sell various business units that make up the majority of NFP's wealth management operations to private equity firm Madison Dearborn Partners in a transaction worth $2.7 billion, with Skadden, Dentons, Paul Weiss and Kirkland representing the parties.
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September 03, 2025
EU Trade Body Wants Relaxed Bank Rules For Consolidation
A trade body for European financial institutions has called for widespread reform of rules on capital, ring-fencing and crisis resolution for banks, steps it claims would boost competitiveness and industry consolidation.
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September 10, 2025
Pinsent Masons Expands M&A Team With 3 EY Partners
Pinsent Masons said Wednesday that it has hired three new partners and five other lawyers from EY Law for its corporate team in Manchester as it prepares to move to a new office in the city.
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September 03, 2025
RPC Guides US Insurer On $555M Buy Of Lloyd's Underwriter
Houston-based insurer Skyward Specialty has bought Lloyd's of London managing agent Apollo Group Holdings Ltd. for $555 million, in a deal steered by RPC and Willkie Farr & Gallagher LLP.
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September 03, 2025
Aegon Nets €700M From Dutch Insurer Share Sale
Global financial services company Aegon said on Wednesday that it has lowered its stake in Dutch insurer ASR Nederland NV by selling its shares and has raised €700 million ($815 million) in the process.
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September 03, 2025
Lithium Miner Atlantic To Raise Up To £28M To Boost Project
Atlantic Lithium PLC said Wednesday that U.S. investor Long State has agreed to inject up to £28 million ($37.5 million) to help support the company's mining project in Ghana amid a dramatic drop in the price of the metal.
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September 03, 2025
Stephenson Harwood-Led SPAC Joins AIM After Raising £12M
Vulcan Two Group PLC said Wednesday it has started to trade AIM in London after the U.K. online pharmacy acquisition company sold new shares worth £12 million ($16 million) to investors.
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September 03, 2025
KKR Secures UK Gov't Approval For £4.2B Spectris Takeover
KKR has won backing from the U.K. government for its £4.2 billion ($5.6 billion) proposed takeover of high-tech instrument-maker Spectris, the companies said Wednesday, paving the way for the deal to reach completion.
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September 02, 2025
Davis Polk-Led Klarna Seeks $1.3B In Revived IPO Plans
Swedish financial technology startup Klarna, advised by Davis Polk & Wardwell LLP, announced Tuesday the buy-now, pay-later business is resuming its initial public offering plans, months after those plans were paused amid backlash to U.S. President Donald Trump's "Liberation Day" tariffs announcement in April, saying the company is looking to raise up to $1.27 billion.
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September 02, 2025
Clifford Chance-Led Online Marketplace Plans Swiss IPO
Online marketplace owner Swiss Marketplace Group AG said on Tuesday that it is planning to float its existing shares on the SIX stock exchange of Switzerland in an initial public offering.
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September 02, 2025
Textor Cites Missing Docs To Fight $93M Share Buyout Claim
The owner of a portfolio of professional football clubs told a London court he wasn't obliged to pay $93.6 million for an investment vehicle's stake in his company, arguing that it failed to provide documents needed for the transaction.
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September 02, 2025
Weil, Proskauer-Led Bain Capital To Buy UK Insurance Broker
Bain Capital has agreed to acquire British commercial insurance company Jensten Group from private equity firm Livingbridge, with the venture capital outfit saying that the insurer has "significant growth potential."
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September 02, 2025
Delek, Eni Sell £106M Worth Of Shares In Ithaca Energy
Two major investors in Ithaca Energy PLC have sold stakes worth a combined £106 million ($142 million) in the London Stock Exchange-listed oil and gas explorer, according to a regulatory statement issued on Tuesday.
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September 02, 2025
Slaughter And May Guides Shawbrook On Acquisition Deal
Retail bank Shawbrook Group PLC said on Tuesday that it will acquire ThinCats, a lender to small and midsized companies, to help to deliver "a highly attractive return on invested capital."
Expert Analysis
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Where New UK And EU Vertical Agreements Rules Diverge
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.
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A Look Ahead At What The German M&A Market Holds In Store
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.
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Tips For Handling Audio Data In E-Discovery Post-Pandemic
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.
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Agreement Among Litigants Key To Using E-Discovery Tech
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.
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4 Ways M&A Deals Are Changing
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.
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Opinion
Law School Admissions Shouldn't Hinge On Test Scores
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.
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How Market Challenges Are Affecting Deal-Making Trends
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.
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What Digital Asset Decisions Mean For Future Disputes
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.
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A Look At UK's 1st Report On Security Regime For Deals
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.
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What EU Changes To Dual Distribution Mean For Franchises
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.
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How ESG Matters Are Influencing M&A Due Diligence Trends
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.
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Changes To UK Competition Rules Will Extend CMA Powers
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.