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Transactions UK
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January 22, 2026
Ropes & Gray, Vinge Guide EQT's $3.7B Coller Capital Deal
Swedish private equity company EQT said Thursday that it will buy the U.K. secondaries firm Coller Capital for up to $3.7 billion in a bid to take advantage of the growing market for continuation vehicles as the PE sector continues to struggle to offload assets.
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January 22, 2026
Norton Rose-Led PE Biz To Buy UK Wholesaler For £251M
Private equity firm OEP Capital Advisors LP said Thursday that its subsidiary has agreed to acquire U.K. food wholesaler Kitwave Group PLC in a deal worth £251 million ($337.5 million).
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January 22, 2026
Slaughter And May Leads Pub Chain On Move To Main Market
Young's said Thursday that it intends to switch from the London Stock Exchange's junior trading platform to its main market, a move the pubs company believes will boost its profile and appeal.
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January 22, 2026
Gowling Advises Minerals Explorer On £4M Fundraising
Exploration company Strategic Minerals PLC said Thursday that it has raised gross proceeds of £4 million ($5.4 million) through a shares sale, which it plans to use on its mining operations in southwest England.
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January 22, 2026
Beazley Rejects £7.7B Zurich Offer, Says 'Undervalues' Biz
Beazley, an insurer with a listing in London, said Thursday that it has batted away the latest proposed takeover offer from Zurich Insurance Group of £7.7 billion ($10.4 billion), claiming it undervalues the company.
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January 21, 2026
UK's NCC Selling Escode Business For $370M
NCC Group said Wednesday that it has agreed to sell its Escode software escrow business to private equity firm TDR Capital at an enterprise value of £275 million ($370 million), as the U.K. cybersecurity company sharpens its focus on its remaining cybersecurity and resilience unit.
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January 21, 2026
Drax To Buy DLA Piper-Led Flexible Energy Biz In £42M Deal
British energy company Drax said Wednesday that it has agreed to acquire flexible power provider Flexitricity Ltd. from global investment manager Quinbrook Infrastructure Partners Ltd. in a £42 million ($56.5 million) deal guided by DLA Piper.
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January 21, 2026
Latham-Led Biz To Acquire Mapping Software Co. For £87M
British mapping software business 1Spatial said Wednesday that VertiGIS, a portfolio company of U.S. technology investor Battery Ventures, has made a formal cash bid to acquire it for approximately £87.1 million ($117 million) and take it private.
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January 21, 2026
Optio Group Takes Full Ownership Of Italian Intermediary
Managing general agent Optio has confirmed its full acquisition of Italian MGA Heca, in the latest deal announced in a busy specialized insurance market.
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January 21, 2026
UK Investment Trust Rejects Saba's Bid To Unseat Board
Shareholders in Edinburgh Worldwide Investment Trust PLC have rejected a slate of resolutions from U.S. activist investor Saba Capital Management LP, affirming confidence in the existing board and its strategic direction, the company has said.
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January 21, 2026
Gov't Overhaul Plan For CMA Merger Reviews Sparks Doubts
Proposals by the government to abolish the Competition and Markets Authority's independent decision-making panel without replacing it with easier mechanisms to appeal rulings might ultimately harm the businesses that Whitehall wants to attract, experts have warned.
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January 21, 2026
Baker McKenzie Leads Logistics Co.'s $300M Share Sale
Swedish logistics property company Catena has finalized a directed share issue, raising 2.75 billion Swedish kronor ($302 million) to strengthen its balance sheet and support growth that might include a Finnish acquisition.
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January 21, 2026
Pearson Kicks Off First Part Of £350M Shares Buyback
Pearson PLC rolled out a stock repurchase program on Wednesday of up to £175 million ($235 million), the first part of a £350 million buyback aimed at reducing the educational company's share capital.
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January 20, 2026
Publisher Informa To Launch £200M Buyback
British publisher and events company Informa PLC said Tuesday that it will return at least £200 million ($269 million) to its shareholders in 2026 through a share buyback program as it reported "strong trading through 2025."
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January 20, 2026
Flowtech Fluidpower Buys Compressed Air Biz For €6M
British hydraulic and pneumatic products maker Flowtech said Tuesday that it has agreed to acquire Dutch pneumatic and compressed air specialist business Q Plus for approximately €5.9 million ($7 million), expanding its footprint in Europe.
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January 20, 2026
Clear Group Buys UK Vet Broker Shire Insurance Services
Independent insurance intermediary Clear Group has acquired Shire Insurance Services Ltd., a specialist broker operating in the U.K. veterinary sector.
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January 20, 2026
Predator Oil & Gas Announces £4.5M Fundraising
Predator Oil & Gas Holdings PLC said Tuesday it has conditionally placed shares to raise £4.5 million ($5 million) to help fund its operations in Trinidad and Morocco.
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January 20, 2026
Baker McKenzie, HSF Kramer Tie Up £37.5M UK Pension Deal
Pension Insurance Corp. said Tuesday that it has completed a £37.5 million ($50.5 million) bulk annuity buy-in with the Dr. Martens Airwair Group Pension Plan, securing the benefits of all 455 members of the shoemaker's defined benefit scheme.
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January 20, 2026
A&O Shearman Steers GSK's $2.2B Rapt Therapeutics Deal
GSK PLC said Tuesday it has agreed to acquire U.S.-based Rapt Therapeutics Inc. in a deal valued at $2.2 billion, in a bid to strengthen the British drugmaker's portfolio of respiratory, immunology and inflammation medicines.
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January 20, 2026
Sainsbury's Completes £92M Share Buyback Program
Retail giant J Sainsbury PLC said Tuesday that it has wrapped up a buyback program worth £92 million ($124 million), with the sole aim of reducing its share capital.
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January 20, 2026
UK Unveils Major Revamp Of Merger Reviews To Spur Growth
The government has proposed a radical shake-up of the Competition and Markets Authority's merger review process to promote competitiveness, including measures to ditch independent decision-making panels, limit jurisdiction over deals and allow companies more time to find fixes for antitrust concerns.
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January 19, 2026
Lax AI Policy In UK Finance Sector Risks Harm, MPs Warn
The absence of clear guidance from the government and regulators on the use of artificial intelligence by finance companies could cause "serious harm" to consumers and the financial system, lawmakers warned on Tuesday as they set out the steps needed to erect guardrails.
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January 19, 2026
Slaughter And May Guides Zurich's £7.7B Bid For Beazley
Swiss insurance giant Zurich said Monday that it has made a £7.7 billion ($10 billion) proposed offer for London-listed Beazley PLC after the British rival rejected a lower offer earlier in January.
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January 26, 2026
Ropes & Gray Launches Antitrust Practice In Milan
Ropes & Gray LLP said Monday that it has launched an antitrust and foreign direct investment practice in Italy and has hired a counsel for its new office in Milan.
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January 19, 2026
Online Auctions Biz Rejects FitzWalter's Sweetened Bid
Auction Technology said Monday that it has rejected another proposed cash offer from FitzWalter Capital Ltd., its largest shareholder, which valued the British online marketplace operator at £491 million ($658 million).
Expert Analysis
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Opinion
UK Gov't Needs To Take Action To Support Whistleblowing Bill
With a proposed Office of the Whistleblower Bill making its way through the U.K. Parliament, whistleblowing is starting to receive the attention it deserves, but the key to unlocking real change is for the government to take ownership of reform proposals and appoint an overarching whistleblowing champion, says Baroness Susan Kramer at the House of Lords.
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Issues To Watch At ABA's Antitrust Spring Meeting
Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.
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What To Note In EU Tech Transfer Agreements Consultation
Robert Klotz at Steptoe explains the European Commission’s main contemplated amendments to a regulation that exempts certain technology transfer agreements from European Union restrictions, the current political context around the ongoing reform, and as its potential consequences for businesses.
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UK Refusal Of US Extradition Request May Set New Standard
The recent U.K. Supreme Court ruling in El-Khouri v. U.S., denying a U.S. extradition request, overturns a long-held precedent and narrows how U.K. courts must decide such requests, potentially signaling a broader reevaluation of U.K. extradition law, say lawyers at Dechert and Kingsley Napley.
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Practice Leader Insights
This year, 42 leaders of employment, intellectual property, insurance and transactions practice groups shared thoughts on keeping the pulse on legal trends, tackling difficult cases and what it takes to make a mark in their area.
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Key Findings From EU Report On Antitrust Remedies
Although the European Commission’s recent report assessing the effectiveness of its antitrust policy on behavioral remedies is not binding, it may influence future cases and promote coherence, providing useful insights for national competition authorities and courts when considering remedies in their own jurisdictions, say lawyers at Paul Weiss.
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New UK Order Offers Welcome Clarity To Crypto Staking Rules
The recently effective Financial Services and Markets Act 2000 Amendment Order clarifies that arrangements for qualifying crypto-asset staking do not amount to a collective investment scheme, and by addressing an issue that curtailed staking activities in the U.K., facilitates the use of that practice, says Andrew Henderson at Goodwin.
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How EU Competition Policy Will Affect State Aid Rules
The European Commission’s recent competitiveness compass policy indicates its ambitions for the European Union to become an economic powerhouse, leveraging a new coordination tool that would affect state aid rules and boost public support for green energy investments, say lawyers at Linklaters.
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Banker Remuneration Proposals Could Affect More Than Pay
The Financial Conduct Authority and Prudential Regulation Authority’s pending proposals to reduce banker remuneration restrictions bring obvious personal financial advantages for bankers, but may have repercussions that result in increased scrutiny of bonus payments and wider changes to workplace culture and overall accountability, say lawyers at Fox Williams.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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EU Paper Urges Data Protection And Competition Law Unity
A recent European Data Protection Board position paper calls for closer cooperation among data protection and competition authorities, and provides valuable insight for businesses seeking to ensure compliance across an increasingly complex regulatory landscape, say lawyers at Paul Weiss.
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Decoding Arbitral Disputes: Equal Rights Limit State Immunity
The Court of Appeal of England and Wales' recent determination that Spain’s London embassy could not dodge a former U.K.-based employee’s discrimination claims by invoking sovereign immunity reaffirms its position that employment and human rights should come before the privileges of foreign powers, says Josep Galvez at 4-5 Gray’s Inn.
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How Proposed Private Share Trading System May Benefit Cos.
The government's proposal for a private securities and capital exchange system intends to enhance market practices and risk tolerances, offering a significant way for firms to free up liquidity by allowing investors to trade existing private company shares, say lawyers at Mishcon de Reya.
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Managing Transatlantic Antitrust Investigations And Litigation
As transatlantic competition regulators cooperate more closely and European antitrust investigations increasingly spark follow-up civil suits in the U.S., companies must understand how to simultaneously juggle high-stakes multigovernment investigations and manage the risks of expensive new claims across jurisdictions, say lawyers at Paul Weiss.
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What To Know As EU Urges Outbound Investment Reviews
A recent European Commission recommendation urges European Union member states to review outbound investments in certain critical technologies sectors, but does not clarify the next steps for states once information on relevant transactions in third countries is received, say lawyers at Cleary.