About
Jenny is a partner in our Antitrust, Competition and Trade group. She advises clients on all aspects of EU and UK competition law, including merger control and foreign investment, Articles 101/102 and equivalent UK legislation, digital regulation, market/sector investigations and strategic antitrust counselling.
Jenny has particular experience of advising clients on complex M&A (merger control and FDI) and investigations in the life sciences and technology sectors. In addition, Jenny counsels clients on a range of strategic antitrust issues, including competitor collaborations, joint ventures, all aspects of vertical relationships, and contractual and pricing arrangements. She represents clients before the UK CMA, European Commission and other regulators worldwide.
Clients appreciate Jenny’s pragmatic and commercially minded approach. Jenny is recognised by Who’s Who Legal as a Future Leader and by WomenAT as a Rising Star. She is recommended in the Lexology Index for Foreign Investment Control.
Jenny is also a Board member of Law Beats Cancer, a long-term fundraising initiative for the legal profession on behalf of Cancer Research UK.
Recent experience includes advising:
- Allfunds on its recommended €5.3bn acquisition by Deutsche Börse.
- Subsea7 on the global merger control and FDI aspects of its proposed cross-border merger with Saipem.
- Smiths PLC on the global merger control and FDI aspects of the £2bn sale of Smiths Detection to CVC.
- A Global Technology Company on the CMA's cloud infrastructure market investigation, Ofcom’s cloud services market study, the EU Digital Markets Act and various global matters.
- Merck on the ex-US antitrust aspects of its $10bn acquisition of Verona Pharma plc.
- Novartis on its $12bn acquisition of Avidity Biosciences.
- AstraZeneca on its $1.1bn acquisition of Icosavax, a clinical-stage biopharmaceutical company focused on developing differentiated, high-potential vaccines using an innovative, protein virus-like particle platform.
- Roivant on the $7bn sale of its Telavant business to Roche.
- AstraZeneca on $1.2bn acquisition of Gracell Biotechnologies, a biopharmaceutical company developing innovative cell therapies for the treatment of cancer and autoimmune diseases.
- AstraZeneca on its $2.4bn acquisition of Fusion, a clinical-stage biopharmaceutical company developing next-generation radio-conjugates.
- Novartis on the merger control aspects of its €2.7bn acquisition of MorphoSys.
- Zeus, a specialist provider of tubing for medical devices, on its acquisition by EQT.
- AstraZeneca on its collaboration and investment agreement with Cellectis SA.
- Alexion, AstraZeneca Rare Disease, on its acquisition of LogicBio, a genomic medicine company.
- CVC on the merger control aspects of its €1.5bn investment in the Ligue de Football Professionnel's new commercial subsidiary.
- London Stock Exchange Group on its $27bn acquisition of Refinitiv, a financial information, data and analytics provider, which required review by 20 antitrust authorities worldwide, including in-depth merger reviews in the EU and US, as well as FDI reviews in several jurisdictions.
- Honeywell on the combination of Honeywell Quantum Solutions and Cambridge Quantum Computing and acquisition of a majority stake in the combined company.
- AstraZeneca on its $6bn global development and commercialisation agreement with Daiichi Sankyo.
- Comcast on the global merger control and public interest aspects of its £30bn public bid for Sky plc, including achieving unconditional Phase 1 clearance from the European Commission, and advising on the global merger control and public interest aspects of its $66bn bid for the global assets of 21st Century Fox.
- Berry Global on the global merger control and competition aspects of its £5.1bn public bid for RPC Group.
- AstraZeneca on its $8.5bn strategic oncology collaboration with Merck.
- Experian plc on the CMA's Phase 2 investigation into its proposed acquisition of ClearScore.
- London Stock Exchange Group on its recommended £21bn merger with Deutsche Börse.
- Betfair on its £5bn merger with Paddy Power.
- Poundland plc on the CMA's Phase 2 investigation into its acquisition of 99p Stores.
- M&G on the FCA’s market study of the asset management industry.


Jenny Leahy
100 Bishopsgate
Bastion Tower
Place du Champ de Mars/Marsveldplein 5