Kirkland & Ellis LLP advised Baxter International Inc., the world’s second-largest maker of dialysis products, on an agreement to buy Swedish competitor Gambro AB for 18.3 billion kronor ($2.8 billion) to expand its kidney- equipment business.
Freshfields Bruckhaus Deringer LLP’s profits per equity partner fell 6.9 percent to 1.3 million pounds ($2.1 million) as the highest-grossing U.K. law firms braced for “uncertainty’’ amid the European sovereign debt crisis.
Freshfields Bruckhaus Deringer LLP revenue fell by about 0.9 percent to 1.13 billion pounds ($1.75 billion) for the 2011-12 financial year, dropping it to the rank of fourth-largest London-based law firm by revenue.
A U.K. privacy group asked London police to investigate whether Google Inc. should face criminal charges for collecting wireless Internet data from homes while photographing thousands of residential streets.
Sportingbet Plc may sell about 125 million pounds ($206 million) of stock to fund a bid for Australian betting company Centrebet International Ltd. , two people with direct knowledge of the matter said.
William Hill Plc, a U.K. bookmaker with about 2,350 outlets, said full-year profit fell 11 percent after a writedown on its loss-making telephone betting business which saw a decline in amounts wagered and win margins.