Transactions UK

  • March 14, 2024

    WJM, Thrings Guide £3.25M Allpack Acquisition

    Glasgow-based business Macfarlane Group PLC said its subsidiary has purchased Allpack Packaging Supplies Ltd. in a deal worth up to £3.25 million ($4.16 million) that was advised by law firms Wright Johnston and Mackenzie LLP and Thrings LLP.

  • March 14, 2024

    Insurer Completes Full Construction Co. Pension Scheme Deal

    Insurer Just Group said on Thursday that it has completed a £37 million ($47.3 million) buy-out of a pension scheme sponsored by a leading engineering and construction company, finishing the process that it started in 2013.

  • March 14, 2024

    Jones Day, Cooley Steer AstraZeneca's $1B Bid For Amolyt

    AstraZeneca said Thursday that it has agreed to acquire Amolyt Pharma, a clinical stage biotechnology company, in a deal worth up to $1.05 billion to expand its late-stage rare disease pipeline in an acquisition guided by Jones Day and Cooley LLP.

  • March 14, 2024

    CMS Leads Rothesay £6B Buy Of Scottish Widows Portfolio

    Pension insurer Rothesay Life said Thursday that it will buy Scottish Widows' £6 billion ($7.7 billion) portfolio of bulk annuities from Lloyds Banking Group PLC, in a transaction guided by CMS Cameron McKenna Nabarro Olswang LLP.

  • March 14, 2024

    UK Law Change Threatens PE Firm's Newspaper Group Bid

    The government has set out rule changes that would prevent foreign states from owning British newspapers and other print media, a move that could block the takeover of The Daily Telegraph newspaper and The Spectator news magazine by RedBird IMI, an Abu Dhabi-backed private equity firm.

  • March 13, 2024

    4 Firms Steer PE-Backed Galderma's Plans For $2.3B IPO

    Private equity-backed skincare firm Galderma S.A. on Wednesday set a price range on an estimated $2.3 billion initial public offering on the Swiss Stock Exchange, guided by four law firms, marking the latest sign of rebound for European IPOs.

  • March 13, 2024

    Security Tech Biz Claims $12.5M For 'Obsolete' CCTV Software

    A Taiwanese security technology company has countersued an AI video analytics business for $12.5 million over a deal to buy the rights to CCTV-analyzing technology, arguing that the software it bought was "near obsolete."

  • March 13, 2024

    Balfour Beatty To Return £100M To Shareholders

    Balfour Beatty PLC said Wednesday it plans to buy back shares worth up to £100 million ($128 million) under its 2024 stock repurchase scheme aimed at lowering its outstanding share capital and rewarding investors.

  • March 13, 2024

    Gordons, Pinsent Masons Steer Academy Buy Of Allianz Unit

    Academy Insurance Services has agreed to acquire the Premierline commercial insurance arm of insurance giant Allianz in the U.K. for an undisclosed amount in a deal guided by Pinsent Masons LLP and Gordons LLP.

  • March 20, 2024

    King & Spalding Hires Paul Hastings Finance Pro

    King & Spalding LLP has appointed Paul Hastings LLP finance expert Peter Schwartz as partner in its London office in a bid to boost its European corporate practice.

  • March 13, 2024

    Taylor Wessing's Legal App Teams Up With Fundraising Site

    Taylor Wessing LLP said on Wednesday that its app designed to help startup companies manage their legal requirements has worked with an investment platform to offer growing businesses a "competitive" edge during fundraising.

  • March 13, 2024

    Insurer Direct Line Snubs £3.2B Improved Ageas Bid

    British insurer Direct Line on Wednesday said it had rejected an improved £3.2 billion ($4.1 billion) offer from Belgian rival Ageas because it still "significantly undervalues" the group.

  • March 13, 2024

    Eversheds, Goodwin Lead €141M Sale Of Surgical Parts Biz

    Advanced Medical Solutions Group PLC said Wednesday that it has agreed to acquire a French maker of surgical devices, Peters Surgical, for approximately €141 million ($154 million) to strengthen its position as a specialist in tissue repair.

  • March 13, 2024

    Orsted Sells Stake In 4 Onshore US Wind Farms For $300M

    Danish energy giant Orsted said Wednesday that it will sell a stake in a portfolio of four U.S. onshore wind farms to investment firm Stonepeak for $300 million.

  • March 12, 2024

    Vorys Advises Infrastructure Biz On Up To $8.75M Acquisition

    Hill & Smith PLC said Tuesday it has purchased nuts and bolts distributor FM Stainless LLC for up to $8.75 million, guided by Vorys Sater Seymour and Pease LLP.

  • March 12, 2024

    Spanish PE Firm Denies Owing PwC €2M Over Hotel Deal

    A Spanish private equity firm has said it does not owe a €2 million ($2.2 million) fee to PricewaterhouseCoopers LLP, claiming the Big Four accounting firm failed to provide all the services required under an agreement to raise money to buy a hotel in Mallorca.

  • March 12, 2024

    Finance Biz TP ICAP Starts Second £30M Buyback

    Finance services firm TP ICAP Group PLC said on Tuesday it will begin a share buyback worth up to £30 million ($38 million) to boost its investor returns and announced it is exploring listing a stake in its data business.

  • March 12, 2024

    UK Pension Deals Hit Record-Breaking £50B In 2023

    The total value of pension transfer deals in the U.K. hit a record-breaking £50 billion ($64 billion) in 2023, Hymans Robertson said Tuesday, with the number of transactions also eclipsing previous highs.

  • March 12, 2024

    CMS Guides UK Cash Savings Platform On £108M Investment

    Flagstone has secured a £108 million ($138 million) investment from U.S. private equity firm Estancia Capital Partners to help it "capitalize on the opportunities ahead" in Britain's savings market.

  • March 12, 2024

    Accor Buys Back 3% Of Shares From Chinese Co. For €275M

    French hospitality giant Accor said Tuesday that it has bought back 2.77% of its own shares from Chinese tourism group Jinjiang International for €275 million ($301 million) as part of its buyback program for 2024.

  • March 12, 2024

    Domino's Pizza To Buy Irish Franchisee In €92M Deal

    Domino's Pizza Group PLC said on Tuesday that it will take full control of its biggest Irish franchisee in a cash, share and debt deal worth €91.9 million ($100 million).

  • March 11, 2024

    Entire Deadspin Staff Cut After Site's Sale To European Firm

    All existing employees of sports blogging site Deadspin have been laid off after finding out Monday that the blog's owner, private equity-backed G/O Media Inc., has agreed to sell the site to European firm Lineup Publishing for an undisclosed price.

  • March 11, 2024

    Imperial Brands Begins 2nd Tranche Of £1.1B Buyback

    Tobacco giant Imperial Brands PLC on Monday launched the second chunk of a share buyback program, worth up to £1.1 billion ($1.4 billion), aimed at lowering its outstanding share capital and rewarding investors.

  • March 11, 2024

    PE Giant Apax's £220M Offer For Tech Biz Lapses

    Apax Partners LLP said Monday its final offer to buy Kin and Carta PLC in a deal worth approximately £220.3 million ($283 million) has fallen through after the technology consultancy didn't respond to its updated proposal by the set deadline on Friday.

  • March 11, 2024

    Reed Smith Guides Nanoco's £33M Buyback, After Litigation

    Nanoco said on Monday that it will repurchase shares worth £33 million ($42 million) from investors after the nanotechnology company won a $150 million windfall from a Texas patent infringement lawsuit against South Korean electronics giant Samsung.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Transactions UK archive.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!