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Social gamer wooga secures $24 million

Highland Capital Partners has led a $24 million (£14.5 million) Series B investment round for online social games company wooga.

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Valiant Petroleum makes acquisition offer to Sagex Petroleum

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.
Round-up of today's M&A deals

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£10 million investment in Scottish food and drink

Scotland's food and drink industry is set to receive a £10 million investment in order to boost research and innovation in the sector.

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Tweetdeck to remain in London after Twitter sale

Iain Dodsworth, founder of Tweetdeck, has vowed to keep the business in London after selling to the micro-blogging website Twitter.

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Frutarom to carve into Italian meat blends business

Frutarom is to acquire a majority share of Chr Hansen, a savory flavors and processed meats company, in a  £21.7 million deal.
Round-up of today's M&A deals

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Catapult Venture Managers leads Lumora funding round

Molecular diagnostics company Lumora has secured £1.5 million from a funding round led by Catapult Venture Managers.

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GDP growth shows UK economy stagnating

GDP grew 0.5 per cent in the first quarter of 2011, but household spending contracted by 0.6 per cent, prompting fears that the economy is stagnating.

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South American deal for British American Tobacco

London-headquartered British American Tobacco (BAT) has agreed to acquire a 100 per cent stake in Colombian tobacco business Productora Tabacalera de Colombia S.A.S (Protabaco).

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GDP growth shows UK economy stagnating

GDP grew 0.5 per cent in the first quarter of 2011, but household spending contracted by 0.6 per cent, prompting fears that the economy is stagnating.

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South American deal for British American Tobacco

London-headquartered British American Tobacco (BAT) has agreed to acquire a 100 per cent stake in Colombian tobacco business Productora Tabacalera de Colombia S.A.S (Protabaco).

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Hewlett Packard strengthens its managed print services with Printelligent buy

HP has announced a deal which will result in the acquisition of all of Printelligent's privately-held assets, including infrastructure, software and workforce.
Round-up of today's M&A deals

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GO Outdoors secures £30 million finance deal

Sheffield-based retailer GO Outdoors has secured a £30 million financial package from Lloyds Banking Group to support its growth.

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Eversheds announces merger 

London-headquartered law firm Eversheds has made a move East with a merger involving a Middle Eastern law consortium.

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CBI: High street sales growth stays sluggish

High street sales growth remained 'subdued' in May, with retailers expecting a similar pace of growth next month, says the CBI.

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