Freshfields Advising EBay's $1.2B Depop Purchase From Etsy
eBay announced a $1.2 billion cash acquisition of Depop, the mobile fashion resale platform, from Etsy. Freshfields LLP is advising eBay, while Fenwick & West represents Etsy. The deal aims to strengthen eBay’s appeal to younger, Gen‑Z shoppers and expand its footprint in the fast‑growing second‑hand fashion market. Depop will join eBay’s existing marketplace, enhancing its mobile and social commerce capabilities.
UK Raises Antitrust Concerns In Getty's Shutterstock Deal
Getty Images announced a $3.7 billion acquisition of Shutterstock, aiming to create a global leader in stock photography. The UK Competition and Markets Authority (CMA) has issued a provisional assessment that the merger could restrict the supply of editorial images in...
Judge Rejects FTC's Emergency Bid To Spare Merger Rule
A Texas federal judge denied the Federal Trade Commission’s emergency request to extend a seven‑day pause on its order that dismantles a sweeping pre‑merger reporting rule. The FTC now has until Thursday to seek relief from the Fifth Circuit Court...
Telecom Joint Venture To Pay $2.7B For UK Fiber Company
InfraVia Capital Partners, Telefónica and Liberty Global, through their Nexfibre joint venture, announced a $2.7 billion acquisition of Substantial Group, the United Kingdom’s second‑largest alternative fiber provider. The deal merges private‑equity capital with telecom expertise to expand Nexfibre’s footprint in the...
3 Firms Steer $3.5B Cencora, Covetrus Animal Health Merger
3 Firms Advise On $3.1B Mister Car Wash Take-Private Deal
2 Firms Guide Cos.' $1.9B PacifiCorp Assets Buy
Portland General Electric (PGE) and Manulife Investment Management have completed a $1.9 billion cash purchase of PacifiCorp's Washington state electricity assets. The transaction was overseen by law firms Latham & Watkins and Simpson Thacher & Bartlett. Closing was announced on Tuesday, marking a significant...
Trump Family Invests In $1.5B Go-Public Merger For Drone Co.
Eric Trump is part of an investor consortium backing a $1.5 billion merger that will combine Florida‑based JFB Construction Holdings with Israeli drone manufacturer Xtend, effectively taking the unmanned‑air‑system firm public. The transaction mirrors a SPAC‑style deal, pairing a real‑estate operator...
Edwards Sued In Chancery Over $300M Heart Valve Earn-Out
Former shareholders of Valtech Cardio have sued its parent, Edwards Lifesciences, in the Delaware Chancery Court, alleging the medical‑device giant deliberately stalled development of a heart‑valve repair system. The lawsuit claims Edwards is avoiding payment of up to $300 million in...