With the aim of building a business in Norway to expand its overall geographic footprint, Valient Petrolium has made an offer to acquire the entire issued and to be issued share capital of Sagex for a total consideration of £7.1 million.

The deal was advised by RBS Hoare Govett, Oriel Securities and Arctic Securities.

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Advisers: no external advisors

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• Skyworks Solutions signs agreement to purchase Advanced Analogic Technologies Incorporated

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Advisers: undisclosed

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Sector: Consulting Services

Value: undisclosed

Advisers: undisclosed