Transactions UK

  • November 10, 2026

    LetterOne Says UK Must Compensate It For Forced Sale

    LetterOne, an investment group founded by Russian billionaires, told the U.K. Supreme Court on Tuesday that the government unlawfully deprived it of the market value of a broadband business by forcing its sale on national security grounds without adequate compensation.

  • November 10, 2026

    Optio Group Snaps Up Norwegian Managing General Agent

    Managing general agent Optio has bought a rival Norwegian marine insurance business, marking the latest in a string of acquisitions for the London-based outfit.

  • November 10, 2026

    Biopharma Saniona Sells Shares In AstronauTx For £3.36M

    Copenhagen-based Saniona said Tuesday it has agreed to offload its shareholding in biotechnology firm AstronauTx Ltd. for £3.36 million ($4.5 million) cash, exercising an option it had under a partnership that was set up to discover novel treatments for neurodegenerative conditions.

  • November 10, 2026

    Santander Sets 2027 Court Date For TSB Transfer Plan

    Banco Santander and TSB have begun seeking court approval to merge TSB's operations into Santander UK following their £2.65 billion ($3.6 billion) deal, paving the way for full integration in 2027, TSB said Tuesday.

  • November 10, 2026

    Norton Rose-Led Samsung Consortium To Buy Insurer Stake

    Samsung Fire & Marine Insurance said Tuesday that a consortium it leads, including investment firm KKR and the sovereign wealth fund of South Korea, has agreed to acquire an additional 60% stake in international insurer Canopius.

  • November 09, 2026

    Amersi Says Nepal Deals Had Legit Basis At BBC Libel Trial

    A political donor and businessman said at a London libel trial that the BBC had wrongly accused him of possibly knowingly being involved in business deals in Nepal that involved corrupt payments to secure the favor of an oligarch connected to the country's Maoist ruling party.

  • November 09, 2026

    Fortis Frontier To Leave AIM After Missing Deal Deadline

    Fortis Frontier PLC is set to leave London's junior Alternative Investment Market after its cash shell strategy failed to produce a reverse takeover, triggering the exchange's requirement that it cancel its admission to trading, the company said Monday.

  • November 09, 2026

    Climate Crisis May Cut Pension Returns By 30%, Report Says

    Long-term investment returns for pension funds across the world could fall by up to 30% if global temperatures rise by 2.8°C by the end of the century, a climate analyst for financial services companies said Monday.

  • November 09, 2026

    Norwegian Oil Co.'s $396M Offer For Capricorn Energy Lapses

    Norwegian oil and gas company DNO ASA confirmed Monday that its $396 million offer for Scottish company Capricorn Energy PLC had lapsed.

  • November 09, 2026

    Matheson-Led Barings Offers €731M For Irish Landlord

    Asset manager Barings International Investment offered to acquire Irish Residential Properties for approximately €731 million ($819 million) on Monday, in a deal that will take Ireland's largest listed landlord private.

  • November 09, 2026

    DLA Piper Steers Argenx On Up To $1.15B Deal For Biotech

    Argenx said Monday that it has agreed to buy the shares in Unnatural Products that it does not already own in a transaction which values the California biotech at up to approximately $1.15 billion.

  • November 09, 2026

    Crédit Agricole Proposes Merger Talks With Banco BPM

    French lender Crédit Agricole said Monday it is looking to merge its Italian business with the Italian lender Banco BPM to create the country's third-largest banking group.

  • November 06, 2026

    Windhorst Says Broker Can 'Take The Keys' Over €27M Debt

    German financier Lars Windhorst told a London court in a hearing Friday that a brokerage that his company Tennor Holding BV was ordered to pay €27 million ($30 million) could "take the keys" to Tennor's offices to enforce the debt.

  • November 06, 2026

    October Saw 'No Spike' In Insurance Distribution Mergers

    The number of mergers and acquisitions between insurance agencies in October hit the lowest monthly figure for the last decade, a financial adviser has said, noting that pre-budget dealmaking failed to materialize.

  • November 06, 2026

    Skadden-Led Papermaker Eyes Exiting Europe

    Papermaker Sylvamo said Friday it plans to sell its distressed European business to a consortium of private equity firms Midas Atlantic Partners and The Najafi Cos. to exit the continent and focus on its North and Latin American operations.

  • November 06, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Samsung sue Petrofac and its administrators, building materials giant Kingspan hit with two financial list claims by dozens of institutional investors, and Boehringer Ingelheim file a patent claim against fellow pharmaceutical company Sandoz amid ongoing conflict surrounding its empagliflozin type 2 diabetes drug.

  • November 06, 2026

    Anthropic Loophole Could Cost UK Secondary Listings

    U.S.-listed companies may shun secondary London listings if the City regulator leaves open a loophole that high-tech giants such as Anthropic and SpaceX have used to reach British retail investors, lawyers warn.

  • November 06, 2026

    Slaughter And May Guide Chesnara On Insurance Unit Buy

    Pensions and life insurance consolidator Chesnara said Friday it has agreed to buy the closed-book U.K. life insurance unit from MetLife Inc., in a deal steered by Slaughter and May.

  • November 06, 2026

    Industrial Co. To Buy Navigation Software Biz In $700M Deal

    Heat exchanger manufacturer Alfa Laval said Friday it has agreed to purchase navigation software business Navtor for $700 million cash to strengthen its maritime digital platform.

  • November 06, 2026

    Clifford Chance-Led VKR To Buy Window Biz From PE Firms

    Danish investment company VKR will acquire window specialist StellaGroup from PAI Partners and ICG to expand its building materials portfolio, the companies said on Friday.

  • November 05, 2026

    Oracle Scraps $7B China Chip Deal Under Pressure, And More

    Oracle has called off a $7 billion microchip leasing deal with China's Tencent, a tungsten mining company affiliated with President Donald Trump's sons is planning to go public at a $2 billion valuation, and Clayton Dubilier & Rice is exploring the purchase of the $40 billion payments processor Global Payments. 

  • November 05, 2026

    Linklaters, Cyril Amarchand Lead Adani's $2.9B Evos Buy

    India-based Adani Ports and Special Economic Zone Ltd. said Thursday that it plans to acquire Evos BV, a liquid storage operator based in the Netherlands, in a $2.9 billion deal advised by Linklaters LLP and Cyril Amarchand Mangaldas.

  • November 05, 2026

    Gold Assets Developer To Upgrade To London's Main Market

    Galantas Gold Corp. said Thursday it plans to move its share trading to the main market of the London Stock Exchange from the bourse's junior investment platform, as the gold and copper assets developer looks to grow its business.

  • November 05, 2026

    Ropes & Gray-Led Pharma Biz Offers $541M For Swedish Rival

    U.S. biopharma company ANI said Thursday it has offered to acquire Swedish pharmaceutical company Egetis for up to approximately 5.3 billion Swedish kronor ($541 million) to gain access to a newly approved drug.

  • November 05, 2026

    PR Co. Sells Communications Biz For £70.4M

    Next 15 Group PLC said Thursday that it has completed the sale of its communications business Marker to a Canadian company for £70.4 million ($95 million) as it continues to simplify its structure.

Expert Analysis

  • How Employment Ruling Limits Buyer's Inherited Tort Liability

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    The Court of Appeal’s ruling that a psychiatric hospital did not inherit vicarious liability for alleged staff abuse of a patient under previous owners will have immediate practical consequences as third parties seek to use protections meant for employees at workplaces changing hands to pursue buyers as substitute defendants, say lawyers at CMS.

  • Designing Management Incentives For An Uncertain PE Exit

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    With management teams increasingly asked to stay invested for longer periods as private equity holding periods extend and routes to exit become less predictable, management incentive plans require sufficient flexibility to remain effective, say lawyers at Morgan Lewis.

  • Leasehold Reforms Could Ease Property Deal Hurdles

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    A recent Law Commission consultation has put a spotlight on how current leasehold law complicates commercial property transactions, and while the proposed reforms will likely be small, they would provide landlords and tenants with a greater degree of certainty, say lawyers at Wilsons Solicitors.

  • AI Guardrail Considerations For Legal Transaction Teams

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    With recent guidance from the Solicitors Regulation Authority warning of the risks of artificial intelligence tools not providing the necessary safeguards to maintain client confidentiality, it should be a priority for firms to ensure that nondisclosure agreements are fit for purpose in AI-enabled deals, say lawyers at Baker McKenzie.

  • Series

    Practice Leader Insights From Reed Smith's Panos Katsambas

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    Panos Katsambas, global co-lead of Reed Smith's financial industry group, discusses how dealing with adversity in world events enabled him to handle volatility in his practice, how private credit and fund finance are now dominating the financial industry, and why it is important to remember that the legal industry is a service industry.

  • Why Bear Hugs Are Making A Comeback In UK M&A Deals

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    With "bear hugs" recently reemerging as an attractive negotiation tool for bidders in mergers and acquisitions, both target boards and potential acquirers should note the effect of the City Code on Takeovers and Mergers' timing and drafting limits, says Ben Land-Maycock at Covington.

  • Series

    Practice Leader Insights From Morgan Lewis' Paul Denham

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    Paul Denham, head of Morgan Lewis' London finance practice group, discusses why working with nurturing partners helped him understand what good leadership should look like, how a Formula 1 financing transaction allowed a personal interest to cross into his day job, and the importance of being willing to adapt as markets change.

  • UK Corp. Crime Landscape Raises Global Governance Stakes

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    The Crime and Policing Act 2026 recently entered into force, highlighting a growing emphasis on governance and senior management oversight, the influence of compliance on commercial decision-making, and an overlap between legal and regulatory risk across jurisdictions, say lawyers at McDermott.

  • Int'l Arbitration Can Serve As Critical Tool In Hormuz Crisis

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    As the closure of the Strait of Hormuz continues to severely disrupt global commercial navigation, companies should understand the key claims likely to arise in emergency and expedited arbitration procedures — including force majeure, breach of contract and pricing disputes — and the contractual safeguards and protective measures to consider, say lawyers at McDermott.

  • Despite Acquittal, Gallery Case Warns Of UK Sanctions Risk

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    Although art gallery Hauser & Wirth was able to defeat criminal charges of breaching the U.K. Russia sanctions regime, the ruling illustrates that prosecution for those operating in high-value international markets is a real-world risk, say lawyers at Fieldfisher.

  • Saxon Woods Ruling Clarifies Directors' Duty Of Good Faith

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    The U.K. Supreme Court’s recent landmark judgment in Saxon Woods sends a clear message to businesses that a director's conduct must withstand objective scrutiny, affirming that even if an individual believes they are acting in the company's best interests, they cannot deceive fellow board members, says Richard Clayman at Kingsley Napley.

  • UK Bill Would Transform Commercial Payments Terms

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    A bill recently introduced to Parliament, if enacted, would replace significant areas of contractual freedom concerning payment terms with mandatory rules that would fundamentally alter the balance of power between smaller suppliers and larger counterparties, says Sam Cooper at Crowell & Moring.

  • Making Deals Once EU Merger, Investment Screenings Overlap

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    Though proposed updates would result in greater overlap between European Commission merger control efforts and foreign investment screening, dealmakers must understand how different objectives still drive these regimes and how this recalibrated regulatory environment will affect their transactions, say attorneys at Mayer Brown.

  • UK-Gulf Trade Deal Offers Key Benefits, But Hurdles Remain

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    The U.K.’s recent free trade agreement with the Gulf Cooperation Council is expected to deliver U.K. businesses a competitive advantage, with simplified procedures and tariff removal across manufacturing, services and digital trade sectors, but navigating Gulf regional tensions and differing regulatory regimes will create challenges, say lawyers at King & Spalding.

  • EU Protocol Strengthens Int'l Criminal Asset Recovery Powers

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    The Council of Europe’s recently adopted protocol to the Warsaw Convention marks a significant evolution in the international asset recovery landscape, signaling a focus on proactive and coordinated methods that require organizations to consider how to respond quickly to unexpected enforcement action, say lawyers at Trowers & Hamlin.

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