Dutch lender ABN Amro said Tuesday that it plans to a buy German private bank for €672 million ($730 million) in a move to become one of the largest providers of banking services to wealthy clients in Germany.
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White & Case Guides ABN Amro On €672M German Bank Buy

By Najiyya Budaly

Dutch lender ABN Amro said Tuesday that it plans to a buy German private bank for €672 million ($730 million) in a move to become one of the largest providers of banking services to wealthy clients in Germany.

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Energy Capital Raises $6.7B, Inks $2.6B Atlantica Acquisition

By Al Barbarino

Energy Capital Partners has amassed $6.7 billion for its latest fund and co-investment vehicle and has also struck an agreement to buy Atlantica Sustainable Infrastructure for $2.6 billion, according to statements Tuesday. 

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Cleary-Led Chemical Co. Offers $1B For Swedish Drugmaker

By Tom Fish

Asahi Kasei Corp. said on Tuesday it had offered to buy out Stockholm-based drugmaker Calliditas Therapeutics AB for 11.1 billion Swedish krona ($1.06 billion), as the Japanese chemical company aims to increase its presence in the global pharmaceutical sector.

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Autonomy Founder Says HP 'Panicked,' Tried To Unwind Deal

By Bonnie Eslinger

Autonomy founder Michael Lynch testified Tuesday in a California federal criminal trial over claims he conned HP into overpaying for his company that HP's board "panicked" after news of the acquisition leaked and HP's stock dropped 20%, that HP fired its CEO and that it attempted to back out of the deal.

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DEALS

Latham Leads Bridgepoint To Buy Intranet Co. For $650M

By Tom Fish

Private investor Bridgepoint Group PLC said on Tuesday that its fund has agreed to fully buy out LumApps, a French intranet provider, from its four backers for a total of $650 million, as the British company seeks a slice of the growing technology sector.

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Struggling Revolution Bar Chain Says Rescue Plan Won't Work

By Najiyya Budaly

Troubled nightlife chain Revolution Bars said Tuesday that a rescue deal proposed by Nightcap, a rival operator, is "incapable of being delivered" because of "untested legal and procedural issues."

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Packaging Co. Bunzl Wraps £339M Acquistion Of Nisbets

By Irene Madongo

Bunzl PLC said Tuesday it has completed its purchase of 80% of food service distributor Nisbets for an initial payment of £339 million ($433 million), after receiving regulatory clearance for the transaction.

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Paul Hastings Steers Oakley Capital In ProductLife Investment

By Irene Madongo

Oakley Capital Investments, a listed investment trust that invests in the funds of private equity investor Oakley Capital, said it will indirectly invest an anticipated approximately £41 million ($52.4 million) into compliance services provider ProductLife Group.

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PENSION DEALS

Aviva Completes £130M Pension Deal With Telereal

By Martin Croucher

 A property investment company has offloaded £130 million ($166 million) of its pension liabilities to Aviva PLC, the insurer said Tuesday.

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Pension Deals Market Working For Small Providers, Aon Says

By Joel Poultney

The deal market for small pension schemes looking to offload their liabilities to insurers is working despite fears that such plans are being crowded out of the market, Aon said Tuesday.

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PEOPLE

Greenberg Traurig Adds Tax Pro From MoFo In London

By David Hansen

Greenberg Traurig LLP added to its deep bench of legal talent by recruiting a tax partner from Morrison & Foerster to join the firm's London office and co-chair its tax practice, the firm said.

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LAW FIRMS IN TODAY'S NEWS

Advokatfirman Vinge KB

Bird Marella

Cleary Gottlieb

Clifford Chance

DLA Piper

Greenberg Traurig

Kirkland & Ellis

Latham & Watkins

Morrison Foerster

Paul Hastings

Skadden Arps

Squire Patton

Steptoe LLP

Weil Gotshal

White & Case

COMPANIES IN TODAY'S NEWS

ABN AMRO Bank NV

Algonquin Power & Utilities Corp.

Aon PLC

Asahi Kasei Corp.

Atlantica Sustainable Infrastructure PLC

Aviva PLC

Aviva SA

BNP Paribas SA

Bridgepoint Advisers Ltd.

Bunzl PLC

Deloitte Touche Tohmatsu Ltd.

Deutsche Bank AG

Energy Capital Partners LLC

Ernst & Young LLP

Eurazeo SA

Fosun International Ltd.

GlobalData PLC

Google LLC

Hewlett Packard Enterprise Co.

JPMorgan Chase & Co.

Lazard Ltd.

London Stock Exchange Group PLC

MTS Health Partners LP

Microsoft Corp.

NASDAQ Inc.

Oakley Capital Ltd.

The Goldman Sachs Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition and Markets Authority

U.S. Attorney's Office for the Northern District of California

U.S. Department of Justice

U.S. District Court for the Northern District of California