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Mergers & Acquisitions

  • May 19, 2025

    Wachtell-Led Regeneron To Buy 23andMe, Gaining User Data

    Regeneron Pharmaceuticals said Monday it emerged as the winning bidder for 23andMe, agreeing to pay $256 million to scoop the once high-flying consumer genomics firm out of bankruptcy while pledging to uphold strict privacy standards.

  • May 19, 2025

    Covington Corporate M&A Atty Moves To Clifford Chance

    Clifford Chance LLP has hired a Covington & Burling LLP partner for its U.S. corporate mergers and acquisitions practice to strengthen its capabilities in the healthcare and life sciences sector, the firm said Monday.

  • May 19, 2025

    Mayer Brown Taps Sidley Attorney As Practice Co-Lead

    Mayer Brown LLP announced Monday that it has appointed a former Sidley Austin LLP attorney in New York to co-lead its financial services mergers and acquisitions practice.

  • May 19, 2025

    Proskauer Adds Another M&A Atty In NYC From Ropes & Gray

    Proskauer Rose LLP announced Monday that it has brought another Ropes & Gray LLP attorney specializing in distressed mergers and acquisitions to its New York office.

  • May 19, 2025

    Latham, A&O Shearman Guide $3B AI Manufacturing Deal

    Latham & Watkins LLP and Allen Overy Shearman Sterling advised AMD on a $3 billion deal to sell its ZT Systems data center infrastructure manufacturing business to U.S.-based Sanmina in an agreement to expand domestic production for AMD's artificial intelligence offerings.

  • May 19, 2025

    Aircraft Parts Co. TransDigm Nabs Servotronics In $110M Deal

    BakerHostetler-advised aircraft component producer TransDigm Group Inc. on Monday announced plans to acquire servo valve maker Servotronics Inc., led by Bond Schoeneck & King PLLC, in a $110 million deal.

  • May 19, 2025

    Kirkland Guides Blackstone's $11.5B Deal For TXNM Energy

    Blackstone Infrastructure has agreed to acquire regulated utility holding company TXNM Energy in an all-cash transaction valued at $11.5 billion, including net debt and preferred stock, TXNM said in a Monday announcement.

  • May 19, 2025

    Dutch Investor Launches €4.1B Offer For Just Eat Takeaway

    Dutch investment group Prosus said Monday that it has launched a formal offer to acquire Just Eat Takeaway.com in a €4.1 billion ($4.6 billion) take-private deal to "build a Europe-based food delivery champion" after they reached a conditional agreement in February.

  • May 19, 2025

    KKR, Stonepeak Take Swipe At PHP's Rival Bid For Assura

    U.S. private equity firms KKR and Stonepeak urged shareholders in property manager Assura on Monday to back their £1.6 billion ($2.1 billion) takeover offer, saying that a rival £1.7 billion bid could be financially risky and harmful.

  • May 16, 2025

    No 'Magic Words' Needed To Sue KKR For Hiding Deals, DOJ Says

    KKR is trying to duck a U.S. Department of Justice lawsuit seeking fines that could top $650 million, by reading standards for seeking penalties that are not there, the government said Thursday, defending claims that the private equity giant failed to notify two mergers and deleted key documentation from notifications.

  • May 16, 2025

    IPO Pipeline Restarts As Tariff-Related Volatility Eases

    Initial public offerings are showing life again after a tariff-induced slumber, buoyed by strong debuts and a growing pipeline as more venture-backed technology startups are lining up public listings before Memorial Day and into June.

  • May 16, 2025

    Food Delivery App's $80M Investor Settlement Gets Final OK

    Investors suing mobile food delivery and ride-hailing services operator Grab Holdings Ltd. have received final approval of an $80 million deal settling claims that several sections of a proxy statement Grab filed with a special purpose acquisition company were false and misleading.

  • May 16, 2025

    Off The Bench: NIL Objectors, NFL's Bluesky Beef, Dick's Deal

    In this week's Off The Bench, the NCAA's pending $2.78 billion name, image and likeness rights settlement faces another round of objections, the NFL shreds an antitrust suit accusing it of boycotting Bluesky and retail giant Dick's Sporting Goods makes a 10-figure splurge for Foot Locker.

  • May 16, 2025

    Rite Aid Announces Deals To Transfer Pharmacy Assets

    Rite Aid Corp. has entered into sale and transition agreements subject to approval from a New Jersey bankruptcy judge that would see pharmacy assets and services transition to new operators, according to an announcement from the company.

  • May 16, 2025

    PHP Ups Takeover Offer For Assura To £1.7B

    Real estate investment manager Primary Health Properties PLC on Friday announced an increased proposal to acquire property manager Assura in a cash and stock deal valued at approximately £1.7 billion ($2.25 billion).

  • May 16, 2025

    Canadian Geothermal Co. STS Hits Ch. 15 With Sale Plan

    Toronto-based geothermal energy company STS Renewables Ltd. and affiliates have filed for Chapter 15 protection in Delaware bankruptcy court seeking recognition of a Canadian insolvency proceeding designed to help the company sell its assets.

  • May 16, 2025

    Cullen And Dykman Adds Golenbock Eiseman Tax Partner

    Cullen and Dykman LLP has hired a former Golenbock Eiseman Assor Bell & Peskoe LLP partner who joins the firm's New York Corporate Department to continue her work focused on tax and transactional matters.

  • May 16, 2025

    Taxation With Representation: Blakes, Davies, Goodmans

    In this week's Taxation With Representation, Charter Communications Inc. merges with Cox Communications, Hub International Ltd. boosts its valuation after securing an investment, Pan American Silver Corp. acquires Mag Silver Corp. and Robinhood buys WonderFi.

  • May 16, 2025

    Cooley, Goodwin Build BioMarin's $270M Inozyme Buy

    Biotechnology company BioMarin Pharmaceutical Inc., advised by Cooley LLP, on Friday announced plans to buy clinical-stage biopharmaceutical company Inozyme Pharma Inc., led by Goodwin Procter LLP, in a $270 million all-cash deal.

  • May 16, 2025

    UK Biotech Biz Issues Shares To Fund £5M Canadian Buy

    Biotech company Solvonis said Friday that it has issued more than 1.5 billion of its shares to raise part of the approximately £5 million ($6.6 million) needed for the acquisition of Canadian rival Awakn Life Sciences Corp.

  • May 16, 2025

    Shell Affiliate Sells Trinidad Assets To Touchstone For $28M

    An affiliate of oil giant Shell has offloaded its assets in Trinidad in a $28.4 million deal with Touchstone Exploration Inc., the Canadian energy business said Friday, to add at least four active natural gas wells to expand its portfolio on the island.    

  • May 16, 2025

    Wachtell, Latham Steer $34.5B Charter, Cox Cable Mega Deal

    Charter Communications Inc. said Friday it has agreed to acquire Cox Communications in a $34.5 billion deal that would create a dominant force in U.S. broadband, mobile and video services  — and will test the Trump administration's role in reshaping telecom competition.

  • May 16, 2025

    EU 'Champions' Ambitions Could Cause Antitrust Friction

    Plans by the European Commission to amend merger guidance to help create "European champions" that could compete with technology and industrial heavyweights in the U.S. and China might cause tension among member state authorities hoping to protect antitrust ideals.

  • May 16, 2025

    Investor Pulls De La Rue Bid Amid Competing Offer

    Two investors, Pension SuperFund and Disruptive Capital, have pulled their bid of approximately £260 million for De La Rue after the banknotes maker backed a rival £263 million offer from U.S. investment firm Atlas Holdings LLC.

  • May 16, 2025

    US Auto Parts Maker Eyes London Listing After £1.2B UK Deal

    American Axle said Friday that it is planning a secondary listing in the U.K. after it takes over automotive group Dowlais, which trades in London, in a £1.16 billion ($1.5 billion) deal, appeasing shareholders across the Atlantic.

Expert Analysis

  • Series

    Coaching Little League Makes Me A Better Lawyer

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    While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.

  • 5 Litigation Funding Trends To Note In 2025

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    Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.

  • How FTC Sent A $5.6M Warning Against Jumping The Gun

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    The Federal Trade Commission's recent record $5.6 million "gun jumping" action against Verdun Oil, for allegedly exerting control over EP Energy before the mandatory waiting period under U.S. antitrust law expired, warns companies that they must continue to operate independently during review, say attorneys at Ballard Spahr.

  • Rethinking Litigation Risk And What It Really Means To Win

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    Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.

  • Mass Arbitration Procedures After Faulty Live Nation Ruling

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    Despite the Ninth Circuit's flawed reasoning in Heckman v. Live Nation, the exceptional allegations of collusive conduct shouldn't be read to restrict arbitration providers that have adopted good faith procedures to ensure that consumer mass arbitrations can be efficiently resolved on the merits, says Collin Vierra at Eimer Stahl.

  • Forecasting The Future Of The FTC Post-Inauguration

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    The incoming Federal Trade Commission leadership's agenda, which is expected to be in sharp contrast with the Biden administration's enforcement posture, will be noticeable right away in the first few weeks of the Trump administration, say attorneys at Cooley.

  • US-China Deal Considerations Amid Cross-Border Uncertainty

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    With China seemingly set to respond to the incoming U.S. administration's call for strategic decoupling and tariffs, companies on both sides of the Pacific should explore deals and internal changes to mitigate risks and overcome hurdles to their strategic plans, say attorneys at Covington.

  • Series

    Playing Rugby Makes Me A Better Lawyer

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    My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.

  • Nippon, US Steel Face Long Odds On Merger Challenge

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    Following the Committee on Foreign Investment in the United States' review of Japan's Nippon Steel's proposed acquisition of U.S. Steel, the companies face a formidable uphill battle in challenging the president's exercise of authority to block the deal on national security grounds, say attorneys at Kirkland.

  • Opinion

    No, Litigation Funders Are Not 'Fleeing' The District Of Del.

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    A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.

  • 5 E-Discovery Predictions For 2025 And Beyond

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    In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.

  • Best Practices To Find Del. Earnout Provisions That Hold Up

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    Recent Delaware earnout litigation illustrates the need for careful drafting and proactive planning to avoid later divergent interpretations of the signed contract, and a series of drafting tips can help, say attorneys at Cozen O'Connor.

  • What 2024 Tells Us About Calif. Health Transaction Reviews

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    Looking back at the California Office of Health Care Affordability's first year accepting notices for material healthcare transactions reveals critical lessons on what the OHCA's review process may mean for the future of covered transactions in the state, say attorneys at Ropes & Gray.

  • Republican Trifecta Amplifies Risks For Cos. In 3 Key Areas

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    Expected coordination between a Republican Congress and presidential administration may expose companies to simultaneous criminal, civil and congressional investigations, particularly with regard to supply chain risks in certain industries, government contracting and cross-border investment, say attorneys at Morgan Lewis.

  • 2024 Was A Banner Year For Shareholder Activism

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    Shareholder activism campaigns in 2024 continued at an elevated pace globally, with activist investors exploiting valuation gaps and pushing aggressively for corporate governance reforms, including the ouster of many companies' chief executives, a trend that could continue once President-elect Donald Trump takes office, say attorneys at Sidley.

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