Loungers Agrees to £350.5M Fortress Takeover Members Public

British hospitality chain Loungers has agreed to a £350.5 million takeover by U.S. investment firm Fortress Investment Group, which will delist the company from the London Stock Exchange. Shareholders are expected to approve the deal, which includes a 30% premium on Loungers’ closing share price.

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Slaughter and May

M&G Unveils £500M Pension Risk Deal Members Public

M&G PLC has introduced a groundbreaking £500 million bulk purchase annuity (BPA) deal, allowing pension sponsors to share in the risks and rewards of insuring well-funded pension schemes. The innovative approach could reshape pension de-risking strategies in the U.K. What’s Going On?

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CMS

Microsoft Faces Trial in £270M Antitrust Battle Members Public

Microsoft is heading to trial in a £270 million antitrust case after a tribunal allowed its defenses to proceed.

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CMS

Taylor Wessing - Application Insider Members Public

How to ace your Taylor Wessing Vacation Scheme application.

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Application Insider

Poaching Clients Members Public

Pinsent Masons, Burges Salmon and Birketts lead on this claim.

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Cases

HFW boosts Commodities Team Members Public

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News

Vinson & Elkins, Kirkland lead on major oil deal Members Public

Four top firms including Vinson & Elkins and Kirkland & Ellis are advising on this deal.

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Deals

Bye London Members Public

All the week's news plus how they impact Law Firms

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Roundup