Squire Patton Hit With £3.7M Claim Over Tech Buyout Advice

By Jamie Lennox

A software company has sued Squire Patton Boggs for £3.7 million ($4.9 million) in a London court, alleging that the law firm's faulty advice led to a dispute over intellectual property that was fundamental to its acquisition of a rival business.

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Clifford Chance-Led Swiss Biz To Sell Logistics Co. For $1.1B

By Dawood Fakhir

Swiss investment firm Partners Group said Thursday that it has agreed to sell its minority stake in Apex Logistics to Kuehne+Nagel for 886 million Swiss francs ($1.1 billion).

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Barclays, JP Morgan Take 20% Stake In LSEG's Post Trade Biz

By Najiyya Budaly

The London Stock Exchange Group said Thursday that it has sold a 20% stake in Post Trade Solutions to a group of 11 banks, including Barclays, J.P. Morgan and Citi, for £170 million ($227 million), in a deal that will allow it to bag more of the profits from its separate SwapClear business.

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CMA Probes £723M Unite-Empiric Student Housing Merger

By Tom Fish

The Competition and Markets Authority said on Thursday that it has launched an investigation into student accommodation developer Unite's proposed acquisition of rival Empiric Student Property.

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Consortium Pulls Bid For UK Staffing Biz Empresaria

By Tom Fish

Global staffing business ​Empresaria said Thursday that a consortium has cooled its interest in acquiring the group, after its shareholders and board failed to back the prospective bid.

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Redcentric Sells Data Centers For £127M To Stellanor

By Dawood Fakhir

British IT services company Redcentric PLC said Thursday that it has agreed to conditionally sell its data center business Redcentric Data for up to £127 million ($169.5 million) to an affiliate of Deutsche Bank.

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Warner Bros. Rejects $60B Paramount Bid, And More Rumors

By Al Barbarino

Warner Bros. Discovery's board reportedly rejected a nearly $60 billion offer from Paramount Skydance, but a deal could still materialize after Warner Bros.' board launched a formal review of strategic alternatives. Among other recent reports, Anthropic and Google are said to be in talks for a potential multibillion-dollar cloud deal, and the private equity owner of Octus is preparing for a sale that could value the financial news company at more than $4 billion.

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Brief

Metals Explorer Unveils £4M Deal For Royalties Biz Stake

By Irene Madongo

Exploration company Power Metal Resources PLC said Thursday that it has inked a binding subscription agreement for an investment of £4 million ($5.3 million) in mining royalty business Apex as it looks to generate growth from a diversified portfolio.

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White & Case Hires 2 Tax Pros From Paul Hastings In London

By Ashish Sareen

White & Case has boosted its global tax practice by hiring two new partners from Paul Hastings in London.

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EU Act Establishes Data Sharing Rules, But Hurdles Remain

The recently effective European Union Data Act provisions establish harmonized rules to unlock the use of data generated by technology-embedded software, but leave practical challenges that organizations will need to navigate to comply with cross-border requirements, say lawyers at King & Spalding.

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