Transactions UK

  • March 11, 2025

    Darrois-Led Zydus To Buy French Medical Tech Co. For €257M

    India-based life sciences company Zydus said Tuesday that it has agreed to acquire French medical technology company Amplitude Surgical SA for an initial price of €256.8 million ($280 million) from European private equity firm PAI Partners and other investors.

  • March 11, 2025

    Norway Insurer Gjensidige To Buy Home Cover Rival For $40M

    Gjensidige Forsikring ASA said Tuesday it has agreed to acquire home coverage specialist Buysure AS and its subsidiary for up 430 million Norwegian krone ($40.4 million), as the insurance company moves to diversify its business.

  • March 11, 2025

    Jones Day-Led CareTrust Bids £448M For UK Care REIT

    U.S. seniors housing company CareTrust said Tuesday that it has agreed to acquire Care REIT PLC for approximately £448 million ($580 million) to enter the British care homes market in a deal guided by Jones Day and Travers Smith LLP.

  • March 11, 2025

    Parts Biz Rotork To Launch £50M Buyback, Korean Purchase

    Industrial valve maker Rotork said Tuesday that it plans to kick off a share buyback program worth up to £50 million ($65 million) amid the acquisition of a privately held company in South Korea.

  • March 11, 2025

    Nationwide To Pay £600M In Rewards After Virgin Money Deal

    Nationwide Building Society said Tuesday that it plans to reward its members with a total of £600 million ($775 million) after completing its £2.9 billion takeover of rival lender Virgin Money UK.

  • March 10, 2025

    Latham-Led Physical Therapy Startup Hinge Health Files IPO

    Artificial intelligence-focused physical therapy startup Hinge Health Inc. on Monday filed plans for an initial public offering, represented by Latham & Watkins LLP and underwriters counsel Davis Polk & Wardwell LLP, joining a growing number of IPO prospects.

  • March 10, 2025

    Travers Smith-Led DBAY Ups Alliance Pharma Bid To £362M

    Asset manager DBAY Advisors said Monday that a bidding company it formed in partnership with a European private equity fund has agreed to increase its offer for British consumer healthcare company Alliance Pharma to approximately £362 million ($468 million).

  • March 10, 2025

    PIB Insurance Group Acquires Litigation Insurer Litica

    PIB Group said Monday it has bought litigation insurance provider Litica in the latest in a string of acquisitions announced by the U.K.-based business over recent months.

  • March 10, 2025

    Eversheds Guides Canada Life £361M Pension Scheme Deal

    Insurer Canada Life Ltd. said Monday it has finalized a buy-in transaction with a U.K. pension scheme worth £361 million ($465 million).

  • March 10, 2025

    Kirkland-Led BWGI Offer Values French Glass Co. At €6.1B

    Asset manager BWGI said Monday it is making an offer for the shares of Verallia it doesn't already own, giving the French glass packaging maker an enterprise value of €6.1 billion ($6.6 billion), in a deal guided by Bredin Prat and Kirkland.

  • March 10, 2025

    Aviva Finalizes £4.8M Buy-Out For Defunct Fruit Distributor

    Aviva PLC said Monday it has finalized a bulk purchase annuity buy-out with a pensions scheme for a now-defunct U.K. fresh fruit distributor A Gomez Ltd. for £4.8 million ($6.2 million).

  • March 10, 2025

    Watches Of Switzerland Begins £25M Share Buyback

    High-end watch retailer Watches of Switzerland started the clock Monday on a stock buyback program worth up to £25 million ($32 million) as it looks to invest in upgrading showrooms and reward shareholders.

  • March 10, 2025

    PE Biz Pays €100M For 15.2% Stake In German Wind Farm

    U.K. private equity business Equitix Investment Management has completed its €100 million ($108.5 million) acquisition of a 15.2% stake in the Gode wind farm, off the coast of Germany, as it seeks to expand into the offshore energy sector.

  • March 10, 2025

    Assura Tentatively Accepts KKR's Sweetened £1.6B Bid

    The board of property manager Assura said Monday that it is willing to back an improved £1.6 billion ($2.1 billion) proposed takeover offer from two U.S. private equity firms, batting away a rival bid by a U.K. real estate investment trust.

  • March 07, 2025

    Taxation With Representation: Kirkland, Wachtell, Skadden

    In this week's Taxation With Representation, Walgreens Boots Alliance goes private via a deal with Sycamore Partners, Honeywell buys Sundyne from Warburg Pincus, and Jazz Pharmaceuticals acquires Chimerix.

  • March 07, 2025

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

    This past week in London has seen an Iranian oil company sued for $95 million, Betfred hit with a lawsuit from a property company and NHS England face a human rights claim brought by a man detained under the Mental Health Act for over 20 years. Here, Law360 looks at these and other new claims in the U.K.

  • March 07, 2025

    Gallagher's $13.5B AssuredPartners Deal Faces FTC Inquiry

    Arthur J. Gallagher & Co. announced Friday that federal regulators requested additional information, for a second time, on its $13.5 billion acquisition of independent insurance brokerage AssuredPartners, extending the waiting period under the Hart-Scott-Rodino Act until 30 days after the firm complies with the request.

  • March 07, 2025

    Building Goods Biz Eurocell Completes Up To £35M Takeover

    Eurocell PLC, a maker of residential building products, said Friday it has completed its acquisition of Alunet Group in a deal worth up to £35 million ($45.1 million), a move it believes will enhance its business.

  • March 07, 2025

    Life Sciences Firm Avacta To Sell Diagnostics Biz For £12.9M

    London-listed Avacta Therapeutics said Friday it has agreed to sell a diagnostics business and its subsidiaries for £12.9 million ($16.6 million) after a "very disappointing" venture into diagnostics, as it continues to mull a dual listing on the Nasdaq market.

  • March 07, 2025

    DNO To Pay $450M For Rival To Boost North Sea Energy Yield

    Norwegian oil and gas operator DNO ASA said Friday it has agreed to acquire rival Sval Energi from private equity investor HitecVision AS for $450 million in cash to expand its output in the North Sea.

  • March 07, 2025

    Debevoise Helps Resolution Life Cover $9.7B Of Annuity Risk

    Resolution Life said Friday that it will take on $9.7 billion worth of insurance risk for Protective Life Corp. to help the U.S. group manage complex life and annuity products.

  • March 07, 2025

    FCA Awaits Gov't Answer To City Consumer Duty Pushback

    The Financial Conduct Authority is waiting for the government to clarify how much consumers can be exposed to risk in favor of more growth-focused regulation as the watchdog faces push back from the sector against its flagship consumer protection program.

  • March 06, 2025

    UK Authorities Clear Amex GBT's $570M CWT Buy

    United Kingdom antitrust authorities gave the formal all-clear Thursday to American Express Global Business Travel Inc.'s planned $570 million purchase of CWT Holdings LLC, leaving a Justice Department lawsuit the only hurdle remaining for the corporate travel management services merger.

  • March 06, 2025

    Builders' Merchant Grafton Begins £30M Share Buyback

    Grafton Group PLC on Thursday rolled out a share repurchase program of up to £30 million ($38.7 million), as the building materials specialist reported declining profits amid challenging market conditions in 2024.

  • March 06, 2025

    McCann FitzGerald-Led Miner Rejects £473M Buyout Bid

    Irish metal miner Kenmare Resources PLC said Thursday it has refused a takeover proposal led by Oryx Global Partners Ltd., an asset manager based in the United Arab Emirates, worth £473 million ($610 million).

Expert Analysis

  • Where New UK And EU Vertical Agreements Rules Diverge

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    The lack of alignment between new EU and U.K. rules on vertical agreements is likely to present challenges to multinational businesses, and it would be prudent for legal advisers and companies to bear in mind the most stringent obligations of both, says Robert Bell at Armstrong Teasdale.

  • A Look Ahead At What The German M&A Market Holds In Store

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    Despite signs of a possible recession, there is still significant M&A activity in the German market, with long-term strategic planning, private equity investors, multiparty involvement and even the state all playing an important role, says Michael Ulmer at Cleary.

  • Tips For Handling Audio Data In E-Discovery Post-Pandemic

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    The rise of remote meetings during the COVID-19 pandemic has boosted the volume and importance of audio data in e-discovery — so organizations in highly regulated industries must collect and process that data, and establish complex strategies to manage their audio records, says Jack Bullen at FTI Consulting.

  • Agreement Among Litigants Key To Using E-Discovery Tech

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    Parties are increasingly using e-discovery technologies to control costs, but as a New York federal court order in Actos Antitrust Litigation shows, a well-drafted, negotiated protocol allows them to address potential objections prior to use and helps protect against later claims of incomplete production, say attorneys at McGuireWoods.

  • 4 Ways M&A Deals Are Changing

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    There are signs that the market may be cooling, but recent trends in M&A transactions reflect more than just market strength and indicate that there has been a more general change in deal approach, say attorneys at DLA Piper.

  • Opinion

    Law School Admissions Shouldn't Hinge On Test Scores

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    The American Bar Association recently granted law schools some latitude on which tests it can consider in admissions decisions, but its continued emphasis on test scores harms student diversity and is an obstacle to holistic admissions strategies, says Aaron Taylor at AccessLex.

  • How Market Challenges Are Affecting Deal-Making Trends

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    As private equity investors adjust to a new period of volatility and uncertainty in the marketplace, various trends in deal making are emerging in order to bridge valuation gaps and address financing concerns, say Alvaro Membrillera and Anna Pollak at Paul Weiss.

  • What Digital Asset Decisions Mean For Future Disputes

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    Following a number of recent landmark decisions in the English courts, the law continues to develop in the sphere of digital assets, and several themes are emerging that will benefit both individuals and organizations, say Chris Recker at Duane Morris and Celso De Azevedo at The 36 Group.

  • A Look At UK's 1st Report On Security Regime For Deals

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    The U.K. government’s recent report on the National Security and Investment Act, covering its first three months since it came into force in January, suggests that the regime may not be leading to a surge in benign notifications and that the government is responding quickly, which is good news for businesses, say attorneys at Cooley.

  • What EU Changes To Dual Distribution Mean For Franchises

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    Following the European Commission’s adoption of the Vertical Block Exemption Regulation and accompanying vertical guidelines regarding dual distribution, which took effect this month, franchisors should examine their flow of information to and from franchisees to determine whether it must be restricted, say attorneys at Baker McKenzie.

  • How ESG Matters Are Influencing M&A Due Diligence Trends

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    With a proliferation of environmental, social and governance-related regulatory developments and a desire to comply with best practice, ESG matters have become an increasingly important area of focus for both clients and advisers in M&A transactions, say attorneys at Sullivan & Cromwell.

  • Changes To UK Competition Rules Will Extend CMA Powers

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    Recent amendments to U.K. competition and consumer law regimes introduce changes to merger control and antitrust investigations that will result in the speedier resolution of cases and greater autonomy for the Competition and Markets Authority, say Bill Batchelor and Aurora Luoma at Skadden.

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