https://www.law360.co.uk/transactions-uk?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Transactions UK Copyright 2025 Portfolio Media, Inc. en-US Tue, 18 Feb 2025 06:57:07 +0000 https://www.law360.co.uk/transactions-uk/articles/2299052?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2299052 The Competition and Markets Authority said on Tuesday that it has provisionally cleared the proposed acquisition by restaurant group Boparan of two feed mills, despite finding in an earlier investigation into a similar deal that it could harm competition in parts of the country. Tue, 18 Feb 2025 05:58:41 +0000 https://www.law360.co.uk/transactions-uk/articles/2299046?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2299046 The board of property manager Assura PLC said Tuesday that a £1.6 billion ($2 billion) possible offer tabled by U.S. private equity firm KKR "materially undervalued the company and its prospects." Mon, 17 Feb 2025 13:08:20 +0000 https://www.law360.co.uk/transactions-uk/articles/2298917?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298917 A shareholder of major British online retailer the Hut Group urged the U.K. Supreme Court on Monday to allow it to sue the company over a 2016 allotment of bonus shares, saying the court should reject arguments by the business that the claim is time-barred. Mon, 17 Feb 2025 10:49:05 +0000 https://www.law360.co.uk/transactions-uk/articles/2298879?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298879 Mony Group PLC, the owner of financial services comparison site MoneySuperMarket, on Monday launched a share repurchase program of up to £30 million that it said reflects its "robust financial position," as it reported higher profits. Mon, 17 Feb 2025 08:40:37 +0000 https://www.law360.co.uk/transactions-uk/articles/2298876?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298876 Anglo American PLC said Monday that it has made "significant progress" with plans to spin off its platinum subsidiary in South Africa and that it is targeting June for this to happen. Mon, 17 Feb 2025 08:17:58 +0000 https://www.law360.co.uk/transactions-uk/articles/2298877?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298877 Drinks mixer maker Fevertree poured out a share buyback program on Monday worth up to £71 million ($89 million) aimed at downsizing its capital after it entered into a partnership with Molson Coors for exclusive distribution and production rights in the U.S. Mon, 17 Feb 2025 07:21:43 +0000 https://www.law360.co.uk/transactions-uk/articles/2298873?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298873 The Competition and Markets Authority said Monday that an initial investigation into the £9 million purchase by tile retailer Topps Tiles of 30 stores of rival CTD Tiles raises concerns over competition in four U.K. regions. Mon, 17 Feb 2025 06:16:05 +0000 https://www.law360.co.uk/transactions-uk/articles/2298878?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298878 Insurer Just Group said on Monday that it has taken on £16 million ($20.2 million) of liabilities in a retirement scheme from a pension plan sponsored by industrial machinery manufacturer Deutz AG, in a deal guided by Shoosmiths. Mon, 17 Feb 2025 05:50:30 +0000 https://www.law360.co.uk/transactions-uk/articles/2298874?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298874 Primary care property developer Assura PLC has snubbed a £1.6 billion ($2 billion) proposed takeover approach from KKR and a U.K. pensions provider, the U.S. private equity firm said on Monday. Fri, 14 Feb 2025 14:53:55 +0000 https://www.law360.co.uk/transactions-uk/articles/2298298?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298298 This past week in London has seen Spice Girls star Mel B's ex-husband bring a defamation claim against the publisher of The Sun, a hotel sue a former director convicted of embezzling its funds for breach of fiduciary duty, and comedian Russell Brand face a sexual abuse claim. Here, Law360 looks at these and other new claims in the U.K. Fri, 14 Feb 2025 13:29:45 +0000 https://www.law360.co.uk/transactions-uk/articles/2298302?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298302 A German textiles company has offloaded £50 million ($63 million) of its U.K. pension liabilities to insurer Just Group PLC, advisers said Friday, in a deal steered by Gowling WLG and Squire Patton Boggs LLP. Fri, 14 Feb 2025 10:41:59 +0000 https://www.law360.co.uk/transactions-uk/articles/2298336?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298336 The Financial Conduct Authority's approach to enforcement and consumer protection has come up against government economic growth priorities and resistance from the sector to its proposals to "name and shame" companies early on during regulatory probes. Fri, 14 Feb 2025 10:23:26 +0000 https://www.law360.co.uk/transactions-uk/articles/2291084?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2291084 The Court of Appeal of England and Wales' recent determination that Spain’s London embassy could not dodge a former U.K.-based employee’s discrimination claims by invoking sovereign immunity reaffirms its position that employment and human rights should come before the privileges of foreign powers, says Josep Galvez at 4-5 Gray’s Inn. Fri, 14 Feb 2025 09:30:51 +0000 https://www.law360.co.uk/transactions-uk/articles/2294180?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2294180 The government's proposal for a private securities and capital exchange system intends to enhance market practices and risk tolerances, offering a significant way for firms to free up liquidity by allowing investors to trade existing private company shares, say lawyers at Mishcon de Reya. Fri, 14 Feb 2025 09:22:31 +0000 https://www.law360.co.uk/transactions-uk/articles/2298282?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298282 Preventive genetics business GENinCode said Friday that it has secured at least £4 million ($5 million) of £4.5 million in funding through a share placement and subscription, in a program led by Addleshaw Goddard LLP. Fri, 14 Feb 2025 08:50:49 +0000 https://www.law360.co.uk/transactions-uk/articles/2298283?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298283 Jupiter Green Investment Trust PLC presented two options to its shareholders on Friday over its proposed liquidation and reconstruction after the environmental business investor was buffeted by long-term macroeconomic headwinds. Fri, 14 Feb 2025 07:45:57 +0000 https://www.law360.co.uk/transactions-uk/articles/2298280?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298280 Coca-Cola Europacific Partners PLC said Friday it will launch a share buyback program worth up to €1 billion ($1 billion) as the bottling business of the soft drink giant reported a financially fizzy year. Fri, 14 Feb 2025 06:37:59 +0000 https://www.law360.co.uk/transactions-uk/articles/2298290?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2298290 Private equity firm Bain Capital, which is being advised by Kirkland & Ellis LLP, will buy Apleona, a German facilities manager, from France's PAI Partners, the two companies said Friday. Thu, 13 Feb 2025 16:00:05 +0000 https://www.law360.co.uk/transactions-uk/articles/2297692?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2297692 After a Wall Street Journal report on Monday revealed that a consortium of investors led by Elon Musk was offering $97.4 billion to buy the nonprofit that controls OpenAI, rumors began to swirl regarding the true intentions behind the billionaire's bid. Thu, 13 Feb 2025 14:48:45 +0000 https://www.law360.co.uk/transactions-uk/articles/2297599?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.co.uk/transactions-uk/articles/2297599 Barclays PLC confirmed on Thursday that it plans to reward investors with a share buyback worth up to £1 billion ($1.25 billion) as it reported a 24% increase in pre-tax profit to £8.1 billion in the 2024 financial year.