Start here

Background on M&A, Capital Markets, Disputes & more →

Deadlines, salaries & culture notes for 49 City firms →

Built for the application journey.

Friday, 17 July 2026

Compiled with AI from public news sources. Folio is editorial commentary for commercial-awareness practice, not legal advice. Verify any detail against the linked sources before relying on it professionally.

All Capital Markets Banking & Finance Energy & Tech Regulation Disputes International AI & Law

Top Story/International

Fleet of Big Law firms advises on Uber's $15 billion acquisition of Delivery Hero, with Freshfields and Wachtell leading on the buyer side

Uber Technologies has agreed to acquire Delivery Hero, a Berlin-based food delivery company, in a transaction that values Delivery Hero at $14.8 billion. The deal is structured as two separate transactions. Uber plans to acquire Delivery Hero's operations in 50 markets. Investment firm SSW Partners will separately acquire 14 other Delivery Hero markets for approximately $1.6 billion, including operations in Spain, Austria, Norway, and Sweden. Ten Big Law firms are advising across the transaction. Freshfields and Wachtell, Lipton, Rosen and Katz are steering Uber in the main transaction, while Cooley is guiding Uber in connection with its financing. The deal brings together one of the world's largest ride-hailing and delivery platforms with a major European and global food delivery network, and the multi-jurisdiction structure of Delivery Hero's operations across 64 markets in total explains both the deal complexity and the breadth of the advisory panel. The involvement of Freshfields in a flagship cross-border technology acquisition underscores the firm's continued positioning in high-value transactional mandates following its recent strategic moves.

The Daily Briefing

Daily commercial law briefings for future City trainees — curated stories, talking points, and firm intelligence, every morning.

Also Today

European Commission plans deregulation package for EU banks aimed at cutting capital buffers and enabling cross-border mergers

Complaints Commissioner reports more than 50% rise in FCA complaint reviews, driven sharply by British Steel Pension Scheme cases

Corporate legal departments are now the largest AI users in enterprise, raising oversight stakes for general counsel

UK GDP beats expectations and economists upgrade growth forecasts, strengthening the case for London debt and equity issuance

Trump administration aims to stop offshore wind development on national security grounds, creating legal uncertainty for US project finance

The Trump administration has been working to halt offshore wind development in the United States on the basis that it poses a national security risk, a policy pursued since late…

“National security licence revocations create a new layer of uninsurable regulatory risk in US offshore wind…”

Disputes

Law360 data shows shareholder suits are leading a broad rise in class action filings across US courts

Law360 has published analysis showing that shareholder suits are at the forefront of a broader increase in class action filings in US courts. Class actions are lawsuits in which…

“Rising shareholder class actions expose dual-listed UK companies to parallel disclosure liability under US…”

Bigger Picture

Sector Watch

Corporate M&A Squeezes PE Globally

The H1 2026 UK data crystallises a trend visible across European markets: strategic corporate acquirers, armed with balance-sheet cash and listed equity, are outcompeting PE sponsors on the largest transactions. With PE capturing only 15% of value in the UK's top-ten deals, leveraged finance teams face a structurally quieter market while public M&A and corporate advisory practices expand. The Uber/Delivery Hero deal, at $14.8 billion and spanning 50 markets, exemplifies the other dominant dynamic: mega-cap tech M&A generating multi-jurisdictional regulatory programmes that only the largest global firms can run. Firms with deep competition clearance and cross-border M&A capabilities, including Freshfields, are capturing the most complex and remunerative mandates in the current cycle.

One to Follow

European Commission banking competitiveness report and its proposed legislative roadmap for EU capital buffer cuts and a common European Deposit and Insurance Scheme, due Friday 17 July

If the Commission's proposals proceed to legislation in 2027, they will reshape the capital requirements framework governing EU lending markets and remove the regulatory barriers that have blocked cross-border EU bank mergers for a decade, creating a pipeline of large financial-sector M&A mandates and significant regulatory implementation work for banking, finance, and competition practices at London firms with EU capabilities.

Full access

You've read today's headlines.

Full articlesDaily quizFirm interview packsPodcast