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Telecom, tech, private equity deals define a dynamic UK week.
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Disney and Universal have filed a landmark lawsuit against AI image generator Midjourney, accusing the San Francisco-based company of large-scale copyright infringement and calling its tools a “bottomless pit of plagiarism”. Read more: Disney and Universal sue AI firm Midjourney over ‘bottomless pit of plagiarism’
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Consolidation accelerates across telecoms, energy, and infrastructure
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Macquarie Asset Management and British Columbia Investment Management Corporation (BCI) have announced the completion of their acquisition of the European waste-to-product company Renewi, in a deal valuing the company at approximately £707 million ($957 million USD). Based in the UK, Renewi specialises in extracting value from waste and used materials, diverting waste from incineration or…
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The demands placed on in-house legal professionals are set to rise as businesses look to cut costs. Within the corporate sector, attorneys play a diverse role, often juggling multiple duties at once. A common humorous remark among in-house attorneys is their perpetual unavailability even though many have chosen in-house roles for ‘work-life balance’ instead of…
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KKR’s retreat leaves Thames Water clinging to creditor plan.
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UK-based renewable energy firm Low Carbon has announced the completion of a sale involving a portfolio of eight solar projects with a total capacity of 350 MW, as well as two co-located battery storage assets with a capacity of 85 MW, to the French energy conglomerate TotalEnergies. These projects are in advanced development stages and…
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Chancellor told UK is “one shock away” from breaching rules
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Deal marks Salesforce’s biggest acquisition since Slack.
