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Transactions UK
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July 17, 2025
SES Finalizes Intelsat Merger, Expands Satellite Fleet
SES SA said Thursday its deal worth an estimated $3.1 billion to buy rival satellite operator Intelsat Holdings has completed, guided by four law firms.
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July 17, 2025
Haynes Boone Steers Green Energy Co.'s £23M Share Sale
AFC Energy PLC said Thursday it has conditionally raised £23 million ($31 million) through an "oversubscribed" placing of new shares in the U.K. alternative power provider to help fund the launch of its "disruptive" new hydrogen-producing product.
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July 17, 2025
Audioboom To Buy Rival Podcast Biz For £10M
Global podcast publisher Audioboom has agreed to acquire rival Adelicious, known for its Shagged Married Annoyed and Five Brilliant Things shows, for up to £10 million ($13.4 million) in cash and stock to create the second-largest podcast network in Britain.
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July 17, 2025
Baker McKenzie Guides Thread Co. In $770M Buy Of Shoe Biz
British thread maker Coats has agreed to acquire OrthoLite, a U.S. shoe insole specialist, for an initial $770 million to bolster the British thread maker's growing footwear business.
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July 17, 2025
Sweden's Viaplay To Buy Remaining 50% In Allente For $113M
Swedish media group Viaplay said Thursday that it will buy a 50% stake in Allente from Norway's Telenor for 1.1 billion Swedish kronor ($113 million) to become the sole owner of the Scandinavian television provider.
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July 16, 2025
5 Firms Steer $144M AngloGold, Augusta Merger
Five law firms have guided a precious metals deal announced Wednesday that will see AngloGold Ashanti PLC purchase Augusta Gold at an enterprise value of roughly $144 million.
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July 23, 2025
Latham Hires PE Lawyer From White & Case
Latham & Watkins has hired a private equity lawyer from White & Case to bolster its team in London.
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July 23, 2025
A&O Shearman Hires Finance Pro From Linklaters In Italy
A&O Shearman has hired a leveraged finance specialist from Linklaters LLP in Italy to boost its private capital services for clients.
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July 16, 2025
CMA Examines Norcros-Fibo Deal For Competition Concerns
The U.K. competition watchdog said Wednesday it is taking a preliminary look at branded bathroom products maker Norcros' proposed acquisition of Norway-based wall panels maker Fibo from private equity investor FSN Capital Partners for 618 million Norwegian krone ($60.6 million).
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July 16, 2025
Troutman Pepper-Led SPAC To Buy UK FinTech For £26M
Blank-check company Honye Financial Services Ltd. said Wednesday that it has agreed to buy Zoyo Capital Ltd., a financial technology company based in London, for £26 million ($35 million) in a reverse takeover to create a digital securities broker platform.
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July 16, 2025
Ricardo Shareholders Approve WSP's £281M Takeover Bid
British automotive parts supplier Ricardo PLC said Wednesday that its shareholders have approved its takeover for approximately £281 million ($376 million) by Canadian engineering consultant WSP Global Inc.
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July 16, 2025
Senior Managers Regime Revamp Risks Letting In Bad Apples
The City watchdog's planned overhaul of its senior managers regime risks allowing people with records of misconduct to slip into financial firms because of the relaxation of rules on references and criminal checks, according to lawyers.
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July 16, 2025
American Axle Gets Nod To Buy UK Car-Parts Biz For £1.2B
American Axle said Wednesday that its shareholders have voted to approve the cash-and-shares takeover of rival automotive engineer Dowlais Group PLC for £1.16 billion ($1.55 billion) in a bid to grow the U.S. company internationally.
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July 16, 2025
Abrdn Unit Sells Dutch Properties For €35M Amid Wind-Down
Abrdn European Logistics Income PLC said Wednesday that it has concluded the sale of two warehouses in the Netherlands for €34.7 million ($40 million) as part of its managed wind-down and capital distribution plan.
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July 15, 2025
Kirkland Tops M&A League Tables In First Half Of 2025
Kirkland & Ellis LLP was the top mergers and acquisitions legal adviser both globally and in North America during the first half of 2025, as measured by both value and transaction numbers, league table data from GlobalData showed Tuesday.
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July 15, 2025
Bathroom Biz To Buy Haavind-Led Norwegian Co. For $61M
Branded bathroom products maker Norcros said Tuesday that it has agreed to acquire Norway-based wall panels maker Fibo Holding AS from private equity investor FSN Capital Partners for 618 million Norwegian krone ($60.6 million) in a deal guided by Haavind.
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July 15, 2025
CMS, Burges Salmon, Sackers Aid £800M Honda Pension Deal
Legal & General has completed an approximately £800 million ($1.07 billion) buy-in transaction to acquire the pensions of more than 4,700 members of the Honda Group UK Pension Scheme in a deal guided by CMS, Burges Salmon LLP and Sackers.
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July 15, 2025
Irish Hotel Group Backs €1.4B Sweetened Buyout Bid
Irish hotel group Dalata said Tuesday that it has backed an increased €1.4 billion ($1.6 billion) cash offer from a Scandinavian consortium of property investors, finding that the bid topped its highest market capitalization since it listed in 2014.
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July 15, 2025
Food Biz To Sell Stake In Supply Chain Platform For £22M
Hilton Food Group said on Tuesday it is selling a stake in Foods Connected, its supplier management platform, for £22 million ($30 million) to Apax Global Impact Fund.
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July 15, 2025
Banks To Nudge Savers Toward Stocks Under Gov't Reforms
Banks will be encouraged to push savers toward gambling their cash on the stock market, the government said on Tuesday, as it looks to revitalize the landscape for retail investors in the U.K.
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July 15, 2025
UK To Ease Senior Manager Rules Amid Regulatory Overhaul
The government unveiled a raft of reforms to financial services regulation on Tuesday as it seeks to encourage investment in the economy, a package that includes streamlined rules for senior managers and easier capital requirements for lenders.
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July 15, 2025
Barratt Redrow Starts First Stage Of Up-To-£100M Buyback
Barratt Redrow PLC kicked off a stock repurchase program of as much as £50 million ($67 million) on Tuesday, the first part of the British housebuilder's wider £100 million plan to buy back shares.
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July 14, 2025
FCA To Loosen Prospectus Rules For Firms Raising Cash
The Financial Conduct Authority set out rules on Tuesday that it said will make it easier and cheaper for listed companies to raise cash as the regulator makes another attempt to rebalance risk and help resuscitate U.K. capital markets.
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July 14, 2025
DCC To Sell £100M Tech Biz To Eversheds-Led PE Firm
Irish conglomerate DCC PLC said Monday that it has agreed to sell Exertis, its technology distribution business in Britain and Ireland, to private equity firm Aurelius for approximately £100 million ($135 million) in a deal guided by Eversheds Sutherland.
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July 14, 2025
Wealth Manager Sues For £4.5M Over Failed Investment Deal
A Swiss wealth manager has sued a U.K. company for 5 million Swiss francs ($6.3 million), saying that it failed to return its investment after a share purchase deal went sideways.
Expert Analysis
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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.