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Transactions UK
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February 16, 2026
Global Broker Ardonagh Expands In Asia With Hong Kong Buy
The Ardonagh Group said Monday that it has acquired a majority stake in Risk Management Insurance Brokerage Ltd. of Hong Kong as the British broker continues to expand in Asia.
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February 16, 2026
Plus500 Opens $100M Share Buyback After Revenue Increase
Plus500 started a share buyback program worth up to $100 million on Monday, as the financial technology company looks to reward investors after recently reporting higher revenue.
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February 16, 2026
Zurich Gets More Time To Make £8B Beazley Offer
Britain's mergers and acquisitions authority has granted Zurich Insurance Group Ltd. extra time to make a takeover offer worth £8 billion ($11 billion) for Beazley PLC, the U.K. insurer said Monday.
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February 13, 2026
EU Approves Universal Music's $775M Deal For Downtown
European enforcers have greenlighted Universal Music Group's $775 million purchase of Downtown Music Holdings, after the companies agreed to unload a royalty accounting platform that has access to sensitive information from rival music labels.
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February 13, 2026
Taxation With Representation: Homburger, Lenz & Staehelin
In this week's Taxation With Representation, offshore drilling contractor Transocean Ltd. acquires rival Valaris Ltd., historic British fund manager Schroders agrees to a cash takeover by U.S. asset manager Nuveen, and a consortium that includes U.S. private equity firm Advent International LP and FedEx Corp. buy Polish parcel locker company InPost.
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February 13, 2026
FCA May Be Forced To Set Lower Fines After Appeal Setbacks
The Financial Conduct Authority might be forced to rethink how it justifies the size of its fines after being forced to cut penalties after referral to the Upper Tribunal, raising questions about its ability to make enforcement decisions stick, legal experts caution.
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February 20, 2026
Sullivan & Cromwell Hires Paul Hastings Private Capital Pair
Sullivan & Cromwell LLP has boosted its private capital services in London with the hire of two senior partners from Paul Hastings LLP, continuing the firm's expansion in the English capital.
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February 13, 2026
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen a former U.S. defense contractor convicted of tax evasion face legal action, French football club Olympique Lyonnais sued following a $97 million ruling against its owner John Textor, consulting giant Kroll targeted by a South African airline, and H&M hit with a claim alleging it copied protected sunglasses designs. Here, Law360 looks at these and other new claims in the U.K.
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February 13, 2026
Finnish IT Biz Launches €150M Buyback After Selling Unit
Finnish IT company Tietoevry Corp. has said it will begin a share buyback worth €150 million ($178 million) after it completed the sale of its Norwegian consultancy business Bekk.
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February 13, 2026
Tech Group SDI Swoops Into Avionics Markets With £9.3M Buy
Tech and engineering company SDI said Friday that it has acquired PRP Optoelectronics Ltd. for £9.3 million ($13 million), launching itself into the avionics market sector that delivers essential components for combat aircraft such as the Eurofighter Typhoon.
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February 13, 2026
Invesco Investment Trust Raises £25M Via Placing, Retail Offer
Invesco Bond Income Plus Ltd. said Friday it has raised £25 million ($34 million) via a share placement and linked retail offer to support continued demand and widen investors' access to its stock.
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February 13, 2026
Clifford Chance Leads Admiral On £80M Car Fleet Insurer Buy
Admiral Group PLC has agreed to buy vehicle fleet insurer Flock in a deal that values the U.K. company at £80 million ($109 million) as it seeks to drive into the commercial motor market.
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February 13, 2026
UK Opens Probe Into Daily Mail Owner's £500M Telegraph Deal
Britain's competition and communications regulators said Friday that they have launched parallel investigations into the proposed £500 million ($680 million) acquisition of Telegraph Media Group by the owner of the Daily Mail newspaper as they respond to instructions from the government.
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February 12, 2026
CMS Steers Avon Cosmetics' £235M Pension Deal
M&G PLC said Thursday that it has completed a £235 million ($320 million) buy-in transaction to secure the retirement benefits of members of Avon Products Inc.'s pension plan.
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February 12, 2026
Daily Mail Owner's £500M Telegraph Deal To Be Scrutinized
The government said Thursday that it has referred the £500 million ($681 million) acquisition of Telegraph Media Group by the owner of the Daily Mail newspaper to the competition and communications regulators after raising concerns about media plurality in the U.K.
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February 12, 2026
4 Firms Guide Blackstone, EQT's $6.6B Spanish Recycler Deal
Blackstone and EQT AB said Thursday that they will buy Spanish recycling company Urbaser from Platinum Equity LLC for $6.6 billion as they seek to cash in on the growing industrial waste management sector.
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February 12, 2026
Pensions Biz Steers 1.4M Plan Members To New Dutch System
Festina Finance said Thursday it has helped migrate 1.4 million retirement savings plan members to the new pensions system in the Netherlands, in one of the world's largest overhauls of a national pension program.
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February 12, 2026
Oil And Gas Explorer Raises £640K In Oversubscribed Offer
Europa Oil & Gas (Holdings) PLC said Thursday that it has raised about £641,000 ($875,000) through a sale of shares to its retail investors.
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February 12, 2026
Investor Demand Boosts Yellow Cake's Uranium Fund
Uranium investor Yellow Cake said Thursday that it has raised $110 million in its latest equity offering, surpassing the original target of $75 million owing to strong demand from investors.
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February 12, 2026
Deutsche Börse To Buy PE Firm's Data Biz Stake For €1.1B
Deutsche Börse Group said it has agreed to buy the remaining 20% minority stake held by global private equity firm General Atlantic in Iss Stoxx, which provides data, analytics and indexes, for €1.1 billion ($1.3 billion).
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February 12, 2026
Clifford Chance-Led Nuveen To Buy Schroders For £9.9B
Schroders said Thursday that it has agreed to a £9.9 billion ($13.5 billion) cash takeover by U.S. asset manager Nuveen in a transaction that would take one of the City's historic names into private ownership.
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February 11, 2026
Miner's Shareholders Urged To Back £842M Jiangxi Offer
Proxy advisory firms Institutional Shareholder Services and Glass Lewis have issued support for China's biggest copper producer Jiangxi's £842 million ($1.1 billion) offer for SolGold PLC, the Ecuador-focused mining company said Wednesday.
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February 11, 2026
Accesso Technology Plans £14.5M Buyback Of Shares
Accesso Technology Group PLC confirmed on Wednesday its proposal to return up to £14.5 million ($19.8 million) to investors by repurchasing their shares, a move expected to lower the company's share capital.
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February 11, 2026
HCR Legal-Led Investor To Sell Unit To German Biz For £30M
CEPS PLC said Wednesday that it has agreed to sell its subsidiary ICA Group Ltd. to Certania Holding GmbH — a German testing, inspection and certification services company — for at least £30.45 million ($41.6 million).
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February 11, 2026
Commerzbank Unveils €540M Buyback As Revenues Rise
Commerzbank AG said Wednesday it will reward investors with a share repurchase program of up to €540 million ($643 million) and a higher dividend, as the German banking giant reported stronger revenue.
Expert Analysis
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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.