Try our Advanced Search for more refined results
Transactions UK
-
March 08, 2024
Linklaters Guides Mondi's £5.1B Deal For DS Smith
Mondi PLC said it plans to swallow up British rival DS Smith for £5.1 billion ($6.6 billion) in an all-share deal to create a Europe-wide sustainable packaging giant.
-
March 08, 2024
Insurer Beazley Begins $325M Share Buyback As Profit Soars
Beazley began a share buyback on Friday worth up to $325 million in a move to lower its outstanding share capital and reward investors, as its pre-tax profits more than doubled to $1.25 billion.
-
March 08, 2024
Tech Retailer Gets Nod To Sell Greek, Cyprus Biz For €200M
Currys said on Friday that it has gained regulatory approval for the €200 million ($219 million) sale of its retail businesses in Greece and Cyprus as the U.K. electronics giant seeks to streamline its business.
-
March 08, 2024
UK Not So Sweet On Tate & Lyle Deal, Could Raise Prices
The antitrust authority said on Friday that it doesn't see a sweetener in the planned acquisition by Tate and Lyle of the U.K. business of Tereos, as the deal could raise the price of sugar on shelves for shoppers.
-
March 07, 2024
Spain's Iberdrola Lobs $2.5B Bid For Rest Of Avangrid
Spanish renewable energy company Iberdrola SA has proposed to take its portfolio company, sustainable energy company Avangrid, private by purchasing the remaining issued and outstanding shares it does not already own in a $2.48 billion deal, according to Thursday statements from the parties.
-
March 07, 2024
SME Loans Biz Reveals £25M Buyback To Boost Stock Price
Funding Circle Holdings PLC on Thursday said it will launch a share buyback program worth up to £25 million ($32 million), in a move to boost its "undervalued" stock.
-
March 07, 2024
Warner Music To Make €1.7B Offer For France's Believe
U.S.-based entertainment conglomerate Warner Music Group on Wednesday confirmed that it has expressed interest in acquiring Believe SA in a deal that could value the French digital music company at approximately €1.65 billion ($1.8 billion).
-
March 07, 2024
Avoiding IP Pitfalls During 'Build To Buy' Deals In Biotech
Pharmaceutical companies considering whether to enter into transactions to fund, guide and eventually buy biotech innovations must protect themselves by considering all possible scenarios that could lead to an intellectual property dispute before signing the deal, lawyers caution.
-
March 07, 2024
HSS Sells 2 Power Generator Firms For £23M To Cut Debt
HSS said Thursday that it has sold two power generator companies to CES Global, a U.S. company that provides portable power for large events, together for £23.25 million ($30 million).
-
March 07, 2024
UK Watchdog Probes Utility's £89M Water Biz Acquisition
Britain's antitrust authority on Thursday said it is launching a probe into water and energy utility company Pennon Group PLC's proposed approximately £89 million ($113 million) acquisition of Sumisho Osaka Gas Water UK Ltd. from two Japanese firms.
-
March 07, 2024
Dentons-Led Miner Puts $3.7B Russia Exit To Shareholders
Anglo-Russian precious metals producer Polymetal International PLC said Thursday that it is seeking shareholders' approval to sell all its Russian mining assets to a Siberian gold miner for $3.7 billion, as it looks to comply with international sanctions after the 2022 invasion of Ukraine.
-
March 07, 2024
Aviva Kicks Off £300M Buyback After 'Strong Performance'
Aviva PLC said Thursday that it will reward investors with a share buyback worth up to £300 million ($383 million), as it reported a rise in its premiums and operating profit.
-
March 07, 2024
Slaughter & May Advises Nationwide's £2.9B Virgin Money Bid
Nationwide Building Society said Thursday that it plans to buy Virgin Money UK in a £2.9 billion ($3.7 billion) cash deal that would create the second-largest mortgage and savings provider in Britain.
-
March 06, 2024
Sports Illustrated Betting Platform To Be Shut Down
The turmoil at Sports Illustrated continued Wednesday as its partner 888 Holdings PLC announced that it was terminating its sportsbook agreement with the brand's parent company, saying the scale of operating costs in the United States has made the venture untenable.
-
March 06, 2024
PE Firm Continues Shedding Stake In Ads Biz For £47M
An investment company backed by private equity firm Apax Partners said Wednesday that it has diluted its stake in online classifieds group Baltic Classifieds Group PLC and raised £47.3 million ($60.2 million) in the process.
-
March 06, 2024
Freshfields, Wachtel Advise GXO's Bid For UK Peer In Court
U.S.-based logistics company GXO Logistics Inc. said Wednesday that it will now proceed with the £762 million ($970 million) takeover of British supply chain group Wincanton PLC by way of a so-called scheme of arrangement under court supervision.
-
March 06, 2024
MoFo-Led Building Materials Biz To Buy Supplier For $300M
Breedon said Wednesday that it has agreed to buy U.S. concrete supplier BMC Enterprises Inc. for $300 million, as the U.K. construction materials group eyes continued expansion into the Stateside market.
-
March 06, 2024
AIB To Return €1.7B To Shareholders, Including Irish State
Irish lender AIB said Wednesday that it plans to return €1.7 billion ($1.8 billion) to shareholders, including the Irish state, to reduce the government's crisis-era bailout stake in the bank.
-
March 06, 2024
Blackstone, Thomson Reuters Sell £1.4B Shares In LSE Owner
A consortium including Blackstone Inc. and Thomson Reuters Corp. has sold off £1.4 billion ($1.8 billion) worth of shares in the London Stock Exchange Group, Citigroup, which is acting as a bookrunner, said Wednesday.
-
March 05, 2024
Hiscox Rolls Out 1st Tranche Of $150M Buyback Program
Insurer Hiscox Ltd. on Tuesday started the first part of its share repurchase scheme worth up to a total $150 million, as it posted a record pretax profit.
-
March 05, 2024
EQT Lands $3.3B For Climate And Health Investments
Swedish private equity giant EQT, advised by Kirkland & Ellis LLP, on Tuesday announced that it clinched its EQT Future Fund after securing €3 billion ($3.3 billion) in commitments, which will be used to invest across the climate and nature and health and well-being sectors.
-
March 05, 2024
Man Group To Kick Off $50M Buyback
Global investment company Man Group PLC said Tuesday that it will buy up to $50 million of its shares in its latest share buyback program over 12 months to decrease the number of its shares in the open market.
-
March 05, 2024
Shipping Giant Unit Won't Up Bid For Wincanton
CEVA Logistics said Tuesday that it will not increase its final offer of around £605 million ($767 million) for supply chain group Wincanton PLC after GXO Logistics submitted a competing bid.
-
March 05, 2024
Disruptor Bank Monzo Valued At $5B After $430M Fund Raise
Monzo Bank Ltd. said Tuesday that it has raised $430 million in its latest funding round, boosting the valuation of the British challenger bank to $5 billion as it eyes accelerating expansion.
-
March 05, 2024
Industrial Parts Biz Rotork Announces £50M Buyback
Rotork said on Tuesday that it will launch a share buyback program worth up to £50 million ($63.5 million) and raise its dividend, boosting its rewards to investors after a strong financial performance in 2023.