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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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Morrisons bags Netto stores

UK supermarket chain Morrisons is to acquire 16 former Netto UK stores from rival Asda for £28.1 million.

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Plant Health Care prunes US branch

Plant Health Care has sold its US landscape and retail business to lawn care company Lebanon Seaboard Corporation for £2.9 million.

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RateSetter adds £600,000 for marketing

Peer-to-peer lending business RateSetter has raised £600,000 from existing and new investors in a fundraising round that will support marketing campaigns.

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MCR sells Malbern Windows & Doors

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MMC buys stake in Interactive Investor

Venture capital firm MMC has invested £1.8 million in the finance media company Interactive Investor, acquiring a significant minority stake in the business.

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MCR sells Malbern Windows & Doors

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MMC buys stake in Interactive Investor

Venture capital firm MMC has invested £1.8 million in the finance media company Interactive Investor, acquiring a significant minority stake in the business.

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European buy-out value soars, exits rebound

Private equity firms returned to dealmaking in their droves last year, with the value of backed buy-outs in Europe almost tripling to €49 billion (£40.9 billion) from €18.3 billion in 2009, research shows.

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Malbern bought from administration

The two business divisions of Malbern Windows & Doors have been acquired from administration by Plastic Windows Systems and Lancashire Double Glazing.

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McGavigan aims for China with Maven

Car parts and automotive assembly manufacturer John McGavigan has set its sights on China after securing expansion funding from private equity firm Maven Partners.

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SMEs too focused on Europe as trade deficit jumps

British SMEs are ‘missing opportunities’ in faster growing developing countries, says Barclays bank’s head of trade.

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