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GlaxoSmithKline acquires Maximuscle brand

Pharmaceuticals giant GlaxoSmithKline has acquired sports nutrition brand Maximuscle in a deal worth £162 million, after the Office of Fair Trading approved the transaction.

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Energy researcher Tokamak adds £170,000

Fusion research company Tokamak Solutions has secured £170,000 in a first round of fundraising to continue development of a device that could lead to cleaner nuclear power.

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Graham Coxell-led consortium buys Rowan Dartington

AIM-listed investment bank and stockbroker Astaire has offloaded struggling subsidiary Rowan Dartington to a consortium of private investors led by former Capita managing director Graham Coxell.

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Angels inject £895,000 into Real-Status

Real-Status, a developer of advanced software, has secured £895,000 through business angel network Envestors.

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POSTcti snapped up by InterCall

InterCall, a subsidiary of American communications company West Corporation, has acquired Preferred One Stop Technologies (POSTcti) for an undisclosed sum.

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Re Pet secures £1.2 million fundraising

The North East Accelerator Fund has backed plastics manufacturer Re Pet in a fundraising round that secured £1.2 million for the business ahead of the launch of its products.

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Apposite takes stake in US cosmetic surgery

London-based healthcare investment firm Apposite Capital has joined the $10.5 million (£6.5 million) series C venture funding of Ulthera.

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Government launches schemes to encourage exports

The government has unveiled a package of four new schemes, and announced the extension of another, in a bid to boost the number of growing businesses that export.

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Apposite takes stake in US cosmetic surgery

London-based healthcare investment firm Apposite Capital has joined the $10.5 million (£6.5 million) series C venture funding of Ulthera.

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Government launches schemes to encourage exports

The government has unveiled a package of four new schemes, and announced the extension of another, in a bid to boost the number of growing businesses that export.

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In-Situ eyes Europe with Waterra

UK-based Waterra, which supplies groundwater monitoring equipment, has been acquired by US company In-Situ in a strategic transaction that aims to increase the group’s market share across Europe.

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Oxford spin-out OrganOx secures £2.75 million

The Royal Society Enterprise Fund has joined a £2.75 million fundraising in University of Oxford spin-out OrganOx as the business prepares for clinical trials of a medical device that allows livers to be kept longer before transplant.

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Cellnovo market push boosted by £30 million

Biomedical device company Cellnovo, which is developing a mobile diabetes management system, is one step closer to taking its product to market after securing £30 million in a fundraising.

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Tennants makes £18 million buy

Chemical manufacturing and distribution group, Tennants Consolidated, has acquired Tessenderlo Fine Chemicals for £18 million.

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