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GDP growth is ‘mediocre’

Gross domestic product (GDP) rose 0.5 per cent in the first quarter of 2011, recovering from the 0.5 per cent contraction in the last three months of 2010.

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Iomart builds digital offering with Switch Media purchase

Internet hosting company iomart Group has purchased Switch Media for a total cash consideration of £1.25 million.

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Virgin gets active

Virgin Active has expanded its gym offering by acquiring Esporta for a consideration of £77.6 million.

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American buy for Pearson

London headquartered Pearson has bought US-based Schoolnet in a deal aimed at complementing Pearson's diagnostic tools and tailored instruction products and services.

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Government contractor acquired by Staffline

Staffline, which provides recruitment and outsourcing to industry nationwide, has acquired Midlands-based Fourstar Employment & Skills in a purchase worth £3 million.

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Silverfleet sees return on investment

Private equity firm Silverfleet Capital has exited its investment with European Dental Partners in a €170 million deal with Lifco Dental International AB.

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Heritage Oil begins $100m share buy back programme

Oil and gas exploration company Heritage Oil is commencing a $100 million share buy back programme after its board of directors decided that the current share price is trading below the company’s value.

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Paragon takes additional stake in IDC

Mining business Paragon Diamonds has agreed to acquire an additional 54.2 per cent stake in International Diamond Consultants (IDC), bringing its total interest up to 98.5 per cent.

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Heritage Oil begins $100m share buy back programme

Oil and gas exploration company Heritage Oil is commencing a $100 million share buy back programme after its board of directors decided that the current share price is trading below the company’s value.

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Paragon takes additional stake in IDC

Mining business Paragon Diamonds has agreed to acquire an additional 54.2 per cent stake in International Diamond Consultants (IDC), bringing its total interest up to 98.5 per cent.

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How GPS helps fitness fans

GPS technology isn't just for cars. GrowthBusiness reviews how fitness fans can also benefit.

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Tesco bolsters its home entertainment package

Supermarket chain Tesco has made an Internet-driven acquisition with the purchase of an 80 per cent majority share in Blinkbox.

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American deal for UK insurer

The Hanover Insurance Group has secured the acquisition of London-based Chaucer in a deal worth £313 million.

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US buy for Chemring

Hampshire-based Chemring Group has agreed to acquire the Detection Systems operations and certain related assets of General Dynamics Armament and Technical Products, for a cash consideration of $90 million (£55.2 million).

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