Commercial Awareness - Weekly Roundup Paid Members Public
All the news you need to know from this past week and how they impact law firms.
Commercial Awareness - Weekly Roundup Paid Members Public
All the news you need to know from this past week and how they impact law firms.
ZipTracker: A&O Shearman, Norton Rose, Ashurst Paid Members Public
Here are the latest deals, court cases and news featuring your favourite law firms.
EuroBox Deal Paid Members Public
In Short: Segro PLC, a British logistics real estate giant, is set to acquire Tritax EuroBox in an all-share deal worth £552 million. This transaction offers Segro a broader European logistics portfolio while Tritax shareholders receive a premium on their shares.
Clyde, DAC lead in £16 Million Insurance Win Paid Members Public
In Short: London's ExCeL exhibition center, along with other policyholders, won a key ruling that the COVID-19 national lockdowns triggered the "at the premises" clause in their insurance policies. This decision could pave the way for thousands of similar business interruption claims.
Freshfields advises in Ocean Deal Dive Paid Members Public
In Short: Lloyd’s Register is buying a majority stake in Ocean Technologies Group (OTG) from private equity firm Oakley Capital for £50 million. The acquisition will boost Lloyd’s Register’s maritime technology and services portfolio, with a particular focus on training for sustainable maritime practices.
Dickson, Mishcon advise in REIT Takeover Paid Members Public
In Short: U.S. investment firm Starwood Capital is buying British property trust Balanced Commercial Property Trust Ltd. (BCPT) for £674 million, offering shareholders a 21.5% premium. The deal aims to take the REIT private amid a tough real estate market.
