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Half-billion dollar Russian deal for Plastic Logic

Plastic Logic, the e-reader developer, has finalised its fundraising deal with a state-backed Russian investor signed late last year and is embarking on plans for a $700 million (£437.2 million) production facility.

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Yearsley gets Ice Pak

Cold storage and distribution company Yearsley Group has acquired the complementary business Ice Pak Seafood Specialists.

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NWF buys Evesons Fuels

Food and fuel distributor NWF has acquired Evesons Fuels for £3.3 million.

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Caffè Nero in £99 million refinancing

Caffè Nero has secured a £99 million funding package to refinance existing facilities and to open an additional 50 stores this year.

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LDC acquires Sala

LDC has acquired the information storage company Sala International for £11.5 million.

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Fry says ‘no quick sell out’ for first start-up

Writer and comedian Stephen Fry says he has ‘no ambition to get a quick valuation and sell out’ after backing his first technology start-up, internet commenting service Pushnote.

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Ingenious VCTs backs retro with £1 million

Retro music event, 80s Rewind Festival, will launch a sister festival in Scotland and plans to expand internationally after securing £1 million from specialist media sector investor Ingenious Entertainment VCTs.

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Viridor in clean deal

Recycling business Viridor Waste Management has acquired Swinnerton Environmental for £1.8 million.

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Ingenious VCTs backs retro with £1 million

Retro music event, 80s Rewind Festival, will launch a sister festival in Scotland and plans to expand internationally after securing £1 million from specialist media sector investor Ingenious Entertainment VCTs.

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Viridor in clean deal

Recycling business Viridor Waste Management has acquired Swinnerton Environmental for £1.8 million.

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Shazam and Spotify partner for mobile

Venture capital-backed online music providers Shazam and Spotify have announced a partnership to improve their range of products for mobile users.

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MITIE commits £10 million to fund for entrepreneurs

Outsourcing company MITIE has launched a fund of £10 million to back new business start-ups in the UK.

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Retirement age changes to hit business

The government’s abolishing of the retirement age will squeeze British businesses and could lead to ‘more unpleasant and costly legal action’, says the CBI.

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Three year-end exits for Pond

Pond Venture Partners has announced the venture capital firm exited three portfolio companies in the final quarter of last year.

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