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Mergers & Acquisitions
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July 03, 2025
Breaking Down The Vote: The High Court Term In Review
The U.S. Supreme Court once again waited until the term's closing weeks — and even hours — to issue some of its most anticipated and divided decisions.
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July 03, 2025
Citgo, Castrol Field Billion-Dollar Bids, And More Deal Rumors
Vitol submitted a more than $10 billion bid to buy the parent of Venezuela-owned U.S. refiner Citgo Petroleum, according to Wednesday reports, but subsequent news indicated that it might not be enough to beat out the competition. Castrol, which is BP's lubricant arm, is also running an auction process, with private equity firm Clayton Dubilier & Rice reportedly emerging as one of the latest bidders.Â
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July 03, 2025
Capital Markets Upturn Sets Stage For Second-Half Rebound
Deals attorneys are approaching the second half of 2025 increasingly confident that capital markets' activity will accelerate despite potential headwinds stemming from higher tariffs, interest rate uncertainties and geopolitical turmoil.
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July 03, 2025
Brookfield Business Partners Sells Stake To Evergreen Fund
Brookfield Business Partners, the flagship listed vehicle of Brookfield Asset Management, on Thursday announced that it has agreed to sell a portion of its stake in three businesses to a new evergreen private equity strategy managed by the group.
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July 03, 2025
Mid-Year M&A Deal Flow Suffers Amid Global Instability
More than six months into a new Donald Trump administration, the mergers and acquisitions boom that many market observers anticipated has failed to materialize. In part one of this two-part M&A review, industry attorneys discussed market activity so far this year, how geopolitical factors are impacting the dealmaking environment, and their outlook for the remainder of 2025.
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July 03, 2025
Investor EQT To Acquire Stake In Life Sciences Products Biz
Swedish investor EQT Group said Thursday that its healthcare business has agreed to acquire a majority stake in life sciences research company Europa Biosite.Â
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July 03, 2025
Pinsent Masons-Led Chesnara To Buy HSBC Life For £260M
British pensions company Chesnara PLC said Thursday it has agreed to acquire the specialist life protection and investment bond provider of banking giant HSBC for £260 million ($355 million) to give the group a "material step up in scale."
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July 02, 2025
EQV Ventures' Upsized IPO Tops 4 Listings Totaling $830M
Energy-focused special purpose acquisition company EQV Ventures Acquisition Corp. II began trading Wednesday after pricing an upsized $420 million initial public offering, in the largest of four SPAC IPOs totaling $830 million.
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July 02, 2025
Atkins Says SEC Is Taking A Fresh Look At SPAC Regulations
U.S. Securities and Exchange Commission Chair Paul Atkins said Wednesday that regulators are reviewing recently beefed-up rules governing special-purpose acquisition companies as part of a broader policy of increasing public listings.
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July 02, 2025
Ingersoll Rand Buys Italy's Termomeccanica For $188M
Ingersoll Rand Inc. has acquired Termomeccanica Industrial Compressors SpA and its subsidiary Adicomp SpA in a €160 million ($188 million) deal aimed at expanding its presence in the renewable natural gas and industrial compressor markets.
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July 02, 2025
Latham Guides Odyssey On $1.3B Applied Technical Exit
Latham & Watkins LLP-advised private equity firm Odyssey Investment Partners has agreed to sell Applied Technical Services Inc. to Swiss testing and inspection giant SGS SA for about $1.33 billion, the firms said Wednesday.
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July 02, 2025
Dems Condemn Paramount's $16M Settlement With Trump
Democratic lawmakers are incensed that CBS News' parent Paramount Global agreed to a $16 million settlement with President Donald Trump over his "60 Minutes" lawsuit, which came as the media company is seeking approval of an $8.4 billion merger with Skydance Media.
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July 02, 2025
Exiting US Steel GC To Leave With Over $18M After Nippon Deal
U.S. Steel Corp.'s former general counsel Duane Holloway will leave his special adviser job on July 18 more than $18.5 million from stock -- plus several million more from a golden parachute -- thanks to the company's recent sale to Nippon Steel, according to a recent company filing.
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July 02, 2025
Greenberg Traurig Adds Willkie Private Equity Pro In Houston
Greenberg Traurig LLP has added a corporate shareholder in Houston from Willkie Farr & Gallagher LLP, furthering the firm's expansion of its private equity and mergers and acquisitions practices.
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July 02, 2025
Investor Says Pot Shop Owner 'Absconded' With Sale Funds
A key investor in a Massachusetts cannabis dispensary says the shop's owner sold part of the business out from under her after she sought to exercise an ownership option, then failed to turn over proceeds from the sale, according to a suit filed in state court.
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July 02, 2025
The Funniest Moments Of The Supreme Court's Term
After justices and oral advocates spent much of an argument pummeling a lower court's writing talents, one attorney suggested it might be time to move on — only to be told the drubbing had barely begun. Here, Law360 showcases the standout jests and wisecracks from the 2024-25 U.S. Supreme Court term.
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July 02, 2025
Canned Food Group Del Monte Hits Ch. 11 With $1.2B Debt
Packaged foods giant Del Monte is seeking Chapter 11 bankruptcy protection in New Jersey with plans for a sale after a liability management transaction last year failed to sufficiently reduce borrowing costs from its $1.23 billion of secured debt.
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July 02, 2025
Kirkland, Simpson Thacher Guide KKR's £4.1B Spectris Bid
High-tech instruments manufacturer Spectris said on Wednesday that it has given its backing to a £4.1 billion ($5.6 billion) takeover by U.S. private equity giant KKR, which has outbid a £3.8 billion offer by another PE firm, Advent.
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July 01, 2025
5 Firms Guide In Intralot's €2.7B Buy Of Bally's Business
Greek gambling company Intralot SA, with guidance from Milbank LLP and a second firm, will acquire Bally's Corporation's international interactive business in a cash-and-shares deal valuing the division at €2.7 billion ($3.19 billion), with three firms, including Fried Frank Harris Shriver & Jacobson LLP and Nixon Peabody LLP, advising Bally's.
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July 01, 2025
The Sharpest Dissents From The Supreme Court Term
The term's sharpest dissents often looked beyond perceived flaws in majority reasoning to raise existential concerns about the role and future of the court, with the justices accusing one another of rewarding executive branch lawlessness, harming faith in the judiciary and threatening democracy, sometimes on an emergency basis with little briefing or explanation.
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July 01, 2025
Fenwick, Latham Lead Web-Design Giant Figma's IPO Filing
Web-design software maker Figma Inc. on Tuesday filed for an initial public offering, joining a growing pipeline of IPO candidates as summer heats up, represented by Fenwick & West LLP and underwriters counsel Latham & Watkins LLP.
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July 01, 2025
Banking Veteran's Latest SPAC Leads 3 IPOs Raising $420M
Banking executive Betsy Cohen's latest special purpose acquisition company began trading Tuesday after raising $220 million, in the largest of three initial public offerings totaling $420 million to join a resurgent SPAC market.
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July 01, 2025
Justices Face Busy Summer After Nixing Universal Injunctions
The U.S. Supreme Court's decision to limit nationwide injunctions was one of its biggest rulings of the term — a finding the court is likely going to be dealing with all summer. Here, Law360 takes a look at the decision, how it and other cases on the emergency docket overshadowed much of the court's other work, and what it all means for the months to come.
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July 01, 2025
Monthly Merger Review Snapshot
The U.S. Department of Justice reached the agency's first three merger settlements of the second Trump administration, clearing deals in the technology and aerospace sectors after divestitures, while the Federal Trade Commission put conditions on an advertising merger. Here, Law360 looks at the major merger review developments from June.
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July 01, 2025
State Of 2025 Energy Dealmaking: Midyear Report
Energy dealmaking has been roiled by drastic policy shifts under President Donald Trump and his Republican allies in Congress. Here, Law360 looks at factors that are causing investors to be cautious in some instances and rush to finalize projects in others.
Expert Analysis
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10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks
The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.
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Series
Power To The Paralegals: The Value Of Unified State Licensing
Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.
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Key Digital Asset Issues Require Antitrust Vigilance
As the digital assets industry continues to mature and consolidate during Trump 2.0, it will inevitably bump up against the antitrust laws in a new way, with potential pitfalls related to merger reviews, conspiratorial or monopolistic conduct, and interlocking directorates, say attorneys at Crowell & Moring.
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10 Soft Skills Every GC Should Master
As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt.
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How Proxy Advisory Firms Are Approaching AI And DEI
Institutional Shareholder Services' and Glass Lewis' annual updates to their proxy voting guidelines reflect some of the biggest issues of the day, including artificial intelligence and DEI, and companies should parse these changes carefully, say attorneys at Cahill Gordon.
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An Unrestrained, Bright-Eyed View Of Legal AI's Future
Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.
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Tracking The Evolution In Litigation Finance
Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.
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Keys To Regulatory Diligence In Life Sciences Transactions
Conducting effective regulatory due diligence for life sciences deals requires careful review of a target company's activities, and separate sets of considerations for commercial and pipeline products, says Anna Zhao at GunnerCooke.
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Series
Volunteer Firefighting Makes Me A Better Lawyer
While practicing corporate law and firefighting may appear incongruous, the latter benefits my legal career by reminding me of the importance of humility, perspective and education, says Nicholas Passaro at Ford.
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Calif. Antitrust Laws May Turn More Zealous Than US Regs
California is poised in the next 18 months to significantly expand its antitrust laws, broadening the scope of liability and creating a premerger review process that could be more expansive than review under the Hart-Scott-Rodino Act, say attorneys at Munger Tolles.
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E-Discovery Quarterly: The Perils Of Digital Data Protocols
Though stipulated protocols governing the treatment of electronically stored information in litigation are meant to streamline discovery, recent disputes demonstrate that certain missteps in the process can lead to significant inefficiencies, say attorneys at Sidley.
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A Look At M&A Trends In An Uncertain Deal Environment
Dealmakers are adopting more cautious and deliberate merger and acquisition practices, such as earnout agreements, joint ventures and strategic partnerships that mitigate risk and bridge valuation gaps, amid the slower pace so far in 2025, says Louis Lehot at Foley & Lardner.
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Series
Law School's Missed Lessons: Preparing For Corporate Work
Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome.
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FTC Focus: Synthetic Data Yields Antitrust Considerations
Attorneys at Proskauer explore the burgeoning world of synthetic data, the antitrust implications involved, the Federal Trade Commission's role in regulating this space and practical takeaways from these emerging issues.
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Opinion
Slater Heralds Return To US Antitrust Norms, Innovation
Under recently confirmed Assistant Attorney General Gail Slater, the Antitrust Division of the U.S. Department of Justice can fulfill President Donald Trump's objective to reestablish American economic dominance on the global stage while remaining faithful to antitrust's core principles, says Ediberto Roman at the Florida International University College of Law.