Other Done Deals
- British Gas owner Centrica Plc has acquired a 22 per cent share of Chester-based Secure Electrans for £4 million in cash.
- Eco-stores Natural Collection and Ethical Superstore have merged. The terms of the deal remain undisclosed.
- Fuller, Smith & Turner Plc has agreed to acquire six freehold London pubs from Punch Taverns Plc, for £21.1 million in cash. The acquisition will be financed from existing facilities and is expected to complete by 6 April.
- Struggling retailer JJB Sports has sold its fitness clubs business, including gyms and adjoining retail outlets, to former JJB founder and chairman Dave Whelan in a deal worth £83.4 million.
- Befordshire-based Genesis Communications has acquired Glasgow rival THUS Mobile from Cable&Wireless for an undisclosed sum.
Deals in the Pipeline
- Munich-based Siemens Energy has agreed to acquire a 28% stake in the Italian solar company Archimede Solar Energy for an undisclosed sum.