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Bredin Prat, Boyanov Advise Schneider On €1.2B Acquisition

By Irene Madongo

French multinational Schneider Electric said Thursday it plans to buy Bulgarian smart-home device maker Shelly Group in a cash deal worth approximately €1.2 billion ($1.4 billion), a deal it expects to improve how buildings monitor and manage energy use.


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Top Stories
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    TikTok has agreed to pay a £12.7 million ($17 million) fine for unlawfully processing children's personal data after a tribunal rejected its challenge to the data privacy regulator's power to impose the penalty, the watchdog said Thursday.

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    Quantitative trading firm Jane Street is expanding its London operations after agreeing to pre-let 465,000 square feet of office space, real estate company CBRE Group Inc. said Thursday.

  • Pogust Goodhead To Drop Name After Founder's Legal Threat

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    Pogust Goodhead said Thursday it will change its name after co-founder Harris Pogust demanded that the firm stop using his name, amid a dispute over whether the outfit can continue representing claimants in the £36 billion ($47.6 billion) Mariana dam litigation against BHP.

  • Victoria's Secret 'PINK' TM Suit Spurs Expedited UK Trial

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    Victoria's Secret and Thomas Pink secured an expedited trial Thursday over whether the lingerie giant breached a co-existence agreement by suing the British shirtmaker in the U.S. for trademark infringement over its use of the "PINK" name.

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    The U.K. government has said it will refuse license applications from five Iran-based banks operating domestically, amid a wider campaign led by the U.S. to apply economic pressure on Iran as the war rumbles on.

  • Ex-Welsh Parliament Member Denies Harassing Woman

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  • UK Legal Services Exports Surged To Record £11B In 2025

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    Workers who lose a close family member or experience pregnancy loss before 24 weeks will be entitled to two weeks' unpaid leave from April 2027, the U.K. government announced Tuesday.

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Expert Analysis

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  • Rachael Healey
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  • Ricci Potts
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  • Vaïk Müller
    EU Ruling Creates Clear Separation Of Sanctions, AML Risks
    A recent ruling from the Court of Justice of the European Union bars banks from automatically denying basic payment accounts based o... (read more)
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