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NVM sells Abermed

Private equity firm NVM has sold its investment in offshore medics service Abermed to medical assistance provider International SOS.

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Best Buy deal cheers MBL 

Home entertainment products distributor MBL has clinched a UK supply deal with world-leading electrical retailer Best Buy of the USA.

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T4 Media snaps up Alvern

Outdoor advertising specialist T4 Media has acquired Alvern Media. The seven-strong team at Alvern will relocate to T4 Media’s new headquarters in London in early 2010.

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Firestone remains upbeat

Firestone Diamonds expects to jointly develop its £25 million Jwaneng project with De Beers and the Botswana government.

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Meals-on-wheels supplier goes bust

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Advent pursues Matalan

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Longshot seeks acquisitions in leisure

Investment firm Longshot has secured more than £30 million to acquire companies in the leisure sector and is in early discussions with potential targets.

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Interactive Publishing buys Scissorhands

London-based Interactive Publishing has acquired consumer publisher Scissorhands Media from Financial One Securities for up to £500,000.

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Longshot seeks acquisitions in leisure

Investment firm Longshot has secured more than £30 million to acquire companies in the leisure sector and is in early discussions with potential targets.

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Interactive Publishing buys Scissorhands

London-based Interactive Publishing has acquired consumer publisher Scissorhands Media from Financial One Securities for up to £500,000.

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IMImobile in $13 million VC funding

A company that provides services to mobile operators and media companies has raised $13 million (£7.8 million) for expansion.

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Shopping bag company nets £4.2 million

Jutexpo, a supplier of fibre shopping bags, is planning overseas expansion after receiving bank funding of £4.2 million.

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Deal activity set to increase

Executives expect M&A activity to increase, according to Why Capital Matters, a study by accountancy firm Ernst & Young.

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EA acquires Playfish

California-based computer game company Electronic Arts (EA) has acquired Playfish, a developer of social network games, for up to $400 million (£240 million).

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