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Mergers & Acquisitions
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June 20, 2025
2 Firms Guide $455M BMO-Burgundy Asset Management Deal
BMO, advised by Osler Hoskin & Harcourt LLP, has unveiled plans to purchase Torys LLP-led Burgundy, a Canadian independent asset management firm, for CA$625 million (about $455 million) and fold it into the bank's wealth management business.
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June 20, 2025
Norton Rose Adds Holland & Knight Tax Partner In DC
Norton Rose Fulbright has expanded its tax insurance underwriting offerings in the nation's capital with the addition of a partner from Holland & Knight LLP.
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June 20, 2025
Taxation With Representation: Latham, Paul Weiss, Covington
In this week's Taxation With Representation, Nippon Steel closes its purchase of U.S. Steel, Hunter Point Capital buys a minority stake in Equitix, Eaton acquires Ultra PCS Ltd. from the Cobham Ultra Group, and Eli Lilly and Co. acquires Verve Therapeutics.
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June 20, 2025
Tech-Focused PE Firm Takes Couchbase Private In $1.5B Deal
Wilson Sonsini Goodrich & Rosati PC-advised software company Couchbase on Friday announced plans to go private through an acquisition by technology-focused investment firm Haveli Investments, advised by Latham & Watkins LLP, in a $1.5 billion all-cash deal.
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June 20, 2025
UK Miner Sweetens Bid For Aussie Rival To $128M
U.K. miner Central Asia Metals said Friday it has increased its bid for Australian rival New World Resources to approximately AU$197 million ($128 million) and proposed an alternative method to complete the deal after it noted that another investor was bolstering its stake in the company.
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June 19, 2025
Henderson, Fidelity European To Merge To Create £2.1B Trust
Henderson European Trust, advised by Stephenson Harwood LLP, and Fidelity European Trust said Thursday that they plan to merge in order to create a combined London-listed entity with £2.1 billion ($2.8 billion) of net assets.
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June 19, 2025
EU Clears £1.7B KKR, Stonepeak Bid For Property Biz Assura
The European Commission has approved the planned £1.7 billion ($2.3 billion) acquisition of healthcare property business Assura PLC, co-bidder KKR said on Thursday.
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June 19, 2025
Miner Weir Expands In N. America With £111M Townley Deal
Global miner Weir Group PLC has agreed to acquire Townley, a minerals processing products maker, for an enterprise value of £111 million ($149 million), as it moves to "enhance" its presence in North America.
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June 18, 2025
Dealmakers Eye More Crypto-Targeted SPAC Mergers
More special purpose acquisition companies plan to seize upon the revival of cryptocurrencies under a second Trump administration and take cryptocurrency-related ventures public in the coming months, an attorney told a gathering of dealmakers on Wednesday.
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June 18, 2025
FCC Approves Windstream-Uniti Tie-Up
The Federal Communications Commission signed off on Windstream's merger with Uniti Group Inc. on Wednesday, approving the transfer of Windstream, Uniti and their respective subsidiaries to the newly formed New Windstream LLC.
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June 18, 2025
MLB's Rays Discussing Sale To Fla. Real Estate Developer
The Tampa Bay Rays confirmed on Wednesday the Major League Baseball franchise is in "exclusive discussions" to be sold to a group led by real estate developer Patrick O. Zalupski, three months after the team pulled out of an agreement to build a new stadium in St. Petersburg.
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June 18, 2025
Online Bookstore Investors Seek Del. Sale Suit Revival
Stockholders of an online "virtual" bookstore that lost money for years urged Delaware's Supreme Court Wednesday to reverse a Court of Chancery decision upholding a $12.5 million sale to the company's preferred shareholders under a disputed liquidation preference.
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June 18, 2025
Google's $32B Wiz Bid Gets DOJ Scrutiny, And Other Rumors
The U.S. Department of Justice is reviewing Google’s $32 billion Wiz deal, Mitsubishi could pay $8 billion for Aethon Energy's assets, and hedge fund Millennium could fetch a $14 billion valuation with a minority stake sale. Here’s a breakdown of the notable deal rumors from the past week.
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June 18, 2025
Trump Set To Delay TikTok Sale-Or-Ban Deadline For 3rd Time
President Donald Trump is planning to extend for an additional 90 days a looming deadline for TikTok to cut ties with its Chinese parent company or face a nationwide ban, according to the White House, which said that the administration would use the extra time to finalize a deal to keep the popular social media app from going dark.Â
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June 18, 2025
3 Firms Build Array's $179M Buy Of Fellow Solar Tech Biz
Solar tracking products provider Array Technologies on Wednesday announced plans to acquire engineered foundations company APA Solar LLC in a deal that boasts an enterprise value of roughly $179 million and was guided by three law firms.
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June 18, 2025
Judge Skeptical That Assa Abloy Needn't Extend Supply Deal
A D.C. federal judge suggested Tuesday that Assa Abloy faces an uphill fight resisting efforts by its divestiture buyer to extend a supply agreement inked as part of an asset sale deal resolving a U.S. Department of Justice merger lawsuit.
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June 18, 2025
DOJ Defends Using Written Depos In HPE-Juniper Merger Trial
The U.S. Department of Justice is defending its proposal to include written deposition testimony into the record for its upcoming antitrust trial against Hewlett Packard Enterprise's $14 billion purchase of Juniper Networks, saying that playing depositions live would waste crucial time in what is scheduled to be an eight-day trial.
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June 18, 2025
Former Holland & Knight Partner Joins Husch Blackwell
Husch Blackwell has announced that former Holland & Knight LLP partner Bruce Toppin has joined the Kansas City, Missouri-headquartered law firm as a partner in its financial services and capital markets industry group.
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June 18, 2025
New PGA Tour CEO Arrives From NFL With LIV Deal Unsettled
The PGA Tour made its change in leadership structure and leader official by hiring longtime National Football League executive Brian Rolapp as its chief executive officer, with Commissioner Jay Monahan ceding day-to-day operations but staying with the tour through the end of 2026.
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June 18, 2025
Simpson Thacher Steers $1.3B Buyout Of Mortgage Co. Guild
Growth-oriented mortgage company Guild Holdings Company, advised by Sullivan & Cromwell LLP, on Wednesday said that it has agreed to be bought by a fund managed by Simpson Thacher & Bartlett LLP-led investment firm Bayview Asset Management LLC for $1.3 billion.
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June 18, 2025
Squire Patton Adds Polsinelli Trio To New Private Credit Group
Squire Patton Boggs has added a three-lawyer team from Polsinelli PC to its private credit and direct lending practice group.
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June 18, 2025
Nippon, US Steel Officially Close Deal, Backed By 5 Law Firms
Nippon Steel has officially closed its purchase of U.S. Steel, the companies announced Wednesday, forming a global steelmaking partnership backed by $11 billion in planned U.S. investments and a national security agreement with the federal government.
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June 18, 2025
PE Firm's £570M Buy Of Tech Biz Clears US Antitrust Check
U.S. private equity firm TA Associates said Wednesday that the U.S. antitrust authorities have not objected to its approximately £570 million ($756 million) cash acquisition of British tech businesses FD Technologies PLC.
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June 17, 2025
Decarb Investors Reach $8.8M Deal In Hyzon Motors SPAC Suit
An investor who challenged a $2.1 billion take-public merger for Hyzon Motors Inc. in 2021 that he says deprived them of the opportunity to make an informed choice between sticking with the deal or cashing out told a Delaware vice chancellor Monday they've settled the case for $8.8 million.
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June 17, 2025
Norton Rose Helps Steer $3.8B Keyera-Plains Natural Gas Deal
Canadian oil and gas giant Keyera, advised by Norton Rose Fulbright Canada LLP and McCarthy Tetrault LLP, will acquire substantially all of Plains All American Pipeline LP's Canadian natural gas liquids business for roughly $3.77 billion (around CA$5.16 billion), the companies announced Tuesday.
Expert Analysis
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FTC Focus: A Changing Of The Guard
While rigorous antitrust enforcement is unlikely to slow down at the Federal Trade Commission, the focus will undoubtedly change, including when it comes to Big Tech, as Andrew Ferguson prepares to take the reins from Chair Lina Khan, say attorneys at Proskauer.
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8 Trends And Predictions Following PE's Late 2024 Surge
Private equity will remain at the forefront of value creation in 2025, and anticipated market trends include sponsors' desire to return capital to investors and a more business-friendly tack by the Antitrust Division of the U.S. Department of Justice, say attorneys at Weil.
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Series
Playing Esports Makes Me A Better Lawyer
Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.
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An Associate's Guide To Career Development In 2025
As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.
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What To Watch For In The 2025 Benefits Landscape
While planning for 2025, retirement plan sponsors and service providers should set their focus on phased implementation deadlines under both Secure 1.0 and 2.0, an upcoming U.S. Supreme Court ruling, and the fate of several U.S. Department of Labor regulations, says Allie Itami at Lathrop GPM.
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5 Antitrust Issues For In-House Counsel In 2025
Attorneys at Squire Patton evaluate the top areas where U.S. antitrust policy is likely to change in the next 12 months, including major challenges to the Federal Trade Commission's authority that could reshape enforcement.
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2024 Election Results May Prove Fortuitous For Family Offices
Thanks to the decisive Republican victories in the 2024 elections, family offices have a unique opportunity for accelerated growth and influence, particularly through the benefits afforded by patient capital, says Edward Taibi at Olshan Frome.
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Series
Fixing Up Cars Makes Me A Better Lawyer
From problem-solving to patience and adaptability to organization, the skills developed working under the hood of a car directly translate to being a more effective lawyer, says Christopher Mdeway at Kaufman Dolowich.
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Advancing Storage-Integrated Power Generation In Turkey
Recent proposals by energy regulators in Turkey have laid the groundwork for further development of electricity generation plants with integrated energy storage facilities — offering opportunities for project developers and investors, and a possible model for U.S. regulators, say attorneys at Norton Rose.
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Making The Pitch To Grow Your Company's Legal Team
In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.
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The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025
U.S. federal bank regulators were very active in 2024 with initiatives ranging from antitrust and capital to proposals regarding controlling shareholders and incentive-based compensation, but many regulations face an uncertain future under the new administration, say attorneys at Latham.
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Considering European-Style Lockboxes For US M&A In 2025
The lockbox mechanism, commonly used in Europe, offers an attractive alternative to the postclosing price adjustments that dominate U.S. merger and acquisition transactions in private equity, particularly with the market's demand for transparency likely to remain steadfast under Trump, says Laurent Campo at Potomac Law.
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Gov't Scrutiny Of Workplace Chat Apps Set To Keep Growing
The incoming Trump administration and Republican majorities in Congress are poised to open numerous investigations that include increasing demands for entities to produce communications from workplace chat apps, so companies must evaluate their usage and retention policies, say attorneys at Orrick.
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Del. Dispatch: The 2024 Corporate Cases You Need To Know
The Delaware Court of Chancery in 2024 issued several decisions that some viewed as upending long-standing corporate practices, leading to the amendment of the Delaware General Corporation Law and debates at some Delaware corporations about potentially reincorporating to another state, say attorneys at Fried Frank.
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2025's Midmarket M&A Terrain May Hold A Few Bright Spots
Attorneys at Stoel Rives assess middle-market merger and acquisition trends, and explain why many dealmakers have turned cautiously optimistic about the sector's 2025 prospects, despite potential inflation and new Federal Trade Commission rules.