Global investment group Prosus said Monday that it will buy Just Eat Takeaway.com in a €4.1 billion ($4.3 billion) take-private deal to tap into the European food delivery market.
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TUESDAY, FEBRUARY 25, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Just Eat Gets €4.1B Offer From Dutch Investor To Go Private

By Najiyya Budaly

Global investment group Prosus said Monday that it will buy Just Eat Takeaway.com in a €4.1 billion ($4.3 billion) take-private deal to tap into the European food delivery market.

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Skadden Leads Brookfield To Buy Renewables Biz For $1.7B

By Tom Fish

National Grid said on Monday that it has agreed to sell its green subsidiary in the U.S. to Brookfield for $1.74 billion as the Canadian asset manager ups its stake in the rapidly growing renewables sector.

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TLT-Led Pension Adviser To Buy Rival Polaris For Up To £58M

By Tom Fish

Pensions adviser XPS said Monday it has agreed to acquire its U.K. rival Polaris Actuaries and Consultants Ltd. in a transaction worth up to £58.4 million ($73.3 million) in cash, as the group looks to provide a "full range of services" to the sector.

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DEALS

DWF Guides £4.5M Pension Deal For Christian Charity

By Martin Croucher

A youth charity has offloaded £4.5 million ($5.7 million) of its pension scheme liabilities to Just Group, the insurer said Monday, in a deal steered by DWF Law LLP.

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GSK Completes $1.2B Takeover Of US Cancer Drug Biz IDRx

By Irene Madongo

Pharmaceutical giant GSK said Monday that it has completed its acquisition of biopharma company IDRx Inc. in a deal worth up to $1.15 billion in cash to boost its treatment for gastrointestinal cancers.

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EXPERT ANALYSIS

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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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

DWF LLP

Davis Polk

De Brauw

Freshfields

Goodwin Procter

Morgan Lewis

Paul Weiss

Skadden Arps

TLT LLP

COMPANIES IN TODAY'S NEWS

Canaccord Genuity Group Inc.

Deloitte Touche Tohmatsu Ltd.

Euronext Amsterdam NV

London Stock Exchange Group PLC

Merck KGaA

Meta Platforms Inc.

Morgan Stanley

Naspers

National Grid PLC

National Grid Renewables LLC

Organization for Economic Cooperation and Development

The Bridge Group

The Goldman Sachs Group Inc.

XPS Pensions Group

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition and Markets Authority

European Commission

European Data Protection Board

European Parliament

European Union

Federal Energy Regulatory Commission

Financial Conduct Authority

Information Commissioner's Office