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PartyGaming buys WPTE

Online gaming company PartyGaming has acquired WPT Enterprises (WPTE), a Los Angeles-based poker and gambling company, for up to $15.3 million (£9.1 million).   

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Private equity bosses bullish

Four in five private equity fund managers expect to profit personally from their current funds, according to research among 120 private equity professionals.

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MMC funds e-trader’s Koodos buy

The operator of a website that helps retailers and manufacturers sell surplus stock to trade buyers has raised funds to complete an acquisition.

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Adventis raises funds

Adventis Group, an AIM-listed marketing services company, has raised £825, 000 through a placing of 4,351,600 shares. 

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London Mining joins AIM

Cash-rich iron ore company London Mining has started trading on AIM. Shares in the company, which is considering floating its XNS Chinese subsidiary in Hong Kong, reached 206p in early trading today.

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Media shares bounce back

Listed media companies have seen valuations increase, research by accountancy firm Grant Thornton has found.

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Design Logix merges with SDS

Preston-based web agency Design Logix has merged with vehicle tracking specialist SDS Technology Group. The terms of the deal were not disclosed. 

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Friends Reunited deal hits roadblock

The Office of Fair Trading has referred the acquisition of Friends Reunited by online genealogy business brightsolid to the Competition Commission. 

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Design Logix merges with SDS

Preston-based web agency Design Logix has merged with vehicle tracking specialist SDS Technology Group. The terms of the deal were not disclosed. 

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Friends Reunited deal hits roadblock

The Office of Fair Trading has referred the acquisition of Friends Reunited by online genealogy business brightsolid to the Competition Commission. 

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Lord Sugar sparks fireworks 

The Federation of Small Businesses (FSB) has called for the resignation of enterprise tsar Sir Alan Sugar following remarks he made about bank lending.

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Leisure Canada considers London float

Canadian mining and leisure chief Wally Berukoff is considering raising around £50 million in London for Leisure Canada

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Entrepreneurs work 80-hour weeks

Business owners are working 80 hours a week to keep their companies afloat, according to research from accountancy firm Tenon.

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ATG buys Live Nation’s UK theatres

London-based Ambassador Theatre Group (ATG) has acquired Live Nation's UK theatres for £90 million.

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