Brookfield Corp. said on Thursday that it plans to buy French green energy company Neoen SA for €6.1 billion ($6.6 billion) as the Canadian asset manager moves to diversify its business in the global renewables market. 
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TOP NEWS

Clifford Chance Steers Brookfield's €6B Energy Biz Purchase

By Najiyya Budaly

Brookfield Corp. said on Thursday that it plans to buy French green energy company Neoen SA for €6.1 billion ($6.6 billion) as the Canadian asset manager moves to diversify its business in the global renewables market. 

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Royal Mail Bidder Backs 'Third Way' Pension Overhaul

By Martin Croucher

The conglomerate controlled by Czech billionaire Daniel Křetínský that bid £3.57 billion ($4.54 billion) for Britain's national postal service has promised to push ahead with a pioneering new retirement savings plan for workers.

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Autonomy VP Declines To Take Stand As Fraud Trial Nears End

By Bonnie Eslinger

Testimony wrapped Thursday in a California federal criminal trial over claims that former Autonomy CEO Michael Lynch and finance vice president Stephen Chamberlain duped HP into overpaying billions for the British tech company, as Chamberlain opted not to testify in his own defense after Lynch stepped off the witness stand.

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M&A

John Wood Evaluates Latest £1.6B Potential Takeover Bid

By Irene Madongo

Oil and gas engineering consultancy John Wood Group has confirmed that it has received a "fourth and final" preliminary proposal from Sidara for a takeover cash offer worth approximately £1.59 billion ($2 billion), advised by Slaughter and May.

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Swiss Media Biz Buys Stake In Billboard Maker For €90M

By Tom Fish

NZZ said on Thursday that it has bought a stake in a Swiss outdoor advertising company from French operator JCDecaux SE for €90.3 million ($97.8 million) as the Zurich-based media organization moves to pay for its growth through advertising.

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Nightcap Backs Away From Bid For Rival Revolution Bars

By Tom Fish

Nightcap PLC said Thursday it has formally ended its interest in a potential merger with U.K. peer Revolution Bars Group PLC, after its proposal was rejected for being too risky.

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PEOPLE

White & Case Hires 2 Latham Partners In Germany

By Hanna Vioque

White & Case LLP has added two partners from Latham & Watkins LLP with more than three decades worth of experience between them in capital markets to its Frankfurt office.

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LAW FIRMS IN TODAY'S NEWS

Bird Marella

Bredin Prat

Cahill Gordon

Clifford Chance

DLA Piper

Gide Loyrette

Gleiss Lutz

Kirkland & Ellis

Latham & Watkins

Paul Weiss

Penningtons Manches

Slaughter and May

Steptoe LLP

White & Case

COMPANIES IN TODAY'S NEWS

BNP Paribas SA

Bank of America Corp.

Brookfield Asset Management Ltd.

Deloitte Touche Tohmatsu Ltd.

Euronext Amsterdam NV

HP Inc.

Hewlett Packard Enterprise Co.

JCDecaux SA

John Wood Group PLC

London Stock Exchange Group PLC

Louis Dreyfus Holding B.V.

Royal Mail Group PLC

Temasek Holdings Pte. Ltd.

The Goldman Sachs Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

U.S. Attorney's Office for the Northern District of California

U.S. Department of Justice

U.S. District Court for the Northern District of California