News in brief: UBS sells Red Electrica shares

UBS sold €76.5m ($99.1m) worth of shares in Red Electrica, a Spanish power grid operator, for Energias de Portugal, a Portuguese utility, on April 1. The shares, which represented EDP's stake of 3%, were placed at €18.84, a 1.4% discount to the previous close.

Euronext's transactions fall

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump