Sony Group's Columbia Pictures can move ahead with its $49 million claim that a media company failed to pay for any shares in an entertainment business it had agreed to buy, as a London court ruled on Wednesday that claim documents were validly served in Hong Kong.
Sony Group's Columbia Pictures can move ahead with its $49 million claim that a media company failed to pay for any shares in an entertainment business it had agreed to buy, as a London court ruled on Wednesday that claim documents were validly served in Hong Kong.
The partnership between Google's parent Alphabet Inc. and the U.S. artificial intelligence startup Anthropic PBC does not qualify for investigation under the merger rules, Britain's antitrust authority said Wednesday at the end of the first phase of its investigation.
The mergers and acquisitions watchdog has given a group of investment companies more time to make a firm £253 million ($320 million) offer for Equals Group, the payments technology business said Wednesday.
A London court on Wednesday ruled that deals an Italian province penned with Deutsche Bank and Dexia aimed at restructuring the region's debts were valid and that it cannot undo settlement agreements inked in the legal fallout around the transactions.
The English solicitors regulator accused commercial firm Teacher Stern LLP and two partners of effectively providing banking services to two clients by allowing them to transfer money that was not related to an underlying legal transaction or service.
Lifeway Foods Inc. said Wednesday that its board has rejected a Nov. 15 revised offer from Danone North America PBC to buy the remainder of Lifeway for $27 per share, or roughly $306 million.
Oakley Capital said Wednesday that it has indirectly acquired German insurance managing general agent Konzept & Marketing, or K&M, through its Fund V, with the European mid-market investor injecting approximately £14 million ($17.7 million) into the deal.
Denmark's largest pensions and processing company said on Wednesday that it has sold shares in Helios Towers PLC, a telecommunications company based in Britain, raising approximately £48 million ($61 million).
Fuel cell manufacturer Proton said on Wednesday that it plans to wind down operations and remove its listing from London's Alternative Investment Market, citing failed financing talks and macroeconomic headwinds.
Accounting software business Sage Group PLC kicked off a share buyback on Wednesday worth up to £400 million ($507 million) aimed at slashing its outstanding share capital.
White & Case announced Wednesday it has recruited a senior corporate partner from Allen Overy Shearman Sterling in London, while Goodwin Procter said it has hired an investment funds specialist from the Magic Circle firm as a partner in its Luxembourg office.
