Carterbar makes financial adviser acquisition

Financial adviser Carterbar has acquired Graeme Watson Independent Financial Advisers for an undisclosed sum. Read on for more deal headlines.

Done Deals

  • Financial adviser Carterbar has acquired Graeme Watson Independent Financial Advisers for an undisclosed sum
  • South Korea-based STX Group has increased its stake in Europe’s largest ship maker Aker Yards to 88.4 per cent in a deal worth $632 million (£338.7 million)
  • Birmingham-based Floors-2-Go has been bought out of administration by its founding family for an undisclosed amount
  • News Corp and private equity firm Permira Advisers have completed a deal to take set-top box maker NDS Group private. The £33.7-per-share cash deal is worth a total of $1.52 billion (£814 million)
  • Wynnstay, an agricultural and retail group has completed its acquisition of the remaining 50 per cent capital of Welsh Feed Producers
  • Daft Media, owners of property site daft.ie, has bought a minority stake in online forum website boards.ie for an undisclosed sum

Deals in the pipeline

  • AIM-listed Synchronica, a mobile e-mail and synchronisation specialist, has entered a conditional acquisition agreement with the operating subsidiary of rival AxisMobile. Synchronica has raised £5.1 million to fund the deal
  • British bank HBOS may be offered Commonwealth Bank of Australia’s Australian unit BankWest for $5.2 billion ($2.8 billion)
  • Lonrho Mining has signed an option to sell its 80 per cent stake in Schmidtsdrift to New African Mining for approximately £7.2 million
  • Oxford BioMedica’s shares jumped 27 per cent after it received a takeover approach from GeneThera. The bid, however, was rejected<
  • Telecoms firm Vodafone, is in talks with TDC to buy part of their stake in Polish mobile carrier Polkomtel. Vodafone already owns 19.6 per cent of Polkomtel
  • Israeli drug maker Teva Pharmaceutical Industries is in talk to purchase German rival Stada Arzneimittal
  • Informa, a provider of specialist information to the global academic and scientific community, is subject to a bid by private equity firms Blackstone, Providence and Carlyle

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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