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Praesepe acquires The Crystal Rooms

Milton Keynes-based gambling company Praesepe has acquired London gaming centre The Crystal Rooms for a nominal sum.

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CustomVis raises funds

Bombed-out laser eye surgery equipment specialist CustomVis has tapped investors for £299,390 to boost European sales.

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IQE alights on £3.6m NanoGan

Superconductor wafer maker IQE is paying £3.6 million for Bath University industrial lighting products spin-out NanoGen.

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Studentgems in angel funding

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Patron bids for Powerleague

Five-a-side football company Powerleague is recommending a 52p cash bid from major shareholder Patron Sports Leisure.

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ADVFN focuses on cutting costs

Stocks and shares website operator ADVFN has halved annual pre-tax losses to £710,000 owing to strict cost management.

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Amplio snaps up bankrupt US water business

London private equity group Amplio has acquired almost all the assets of NASDAQ-quoted water treatment company Basin Water for $2 million.

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AMS acquires remaining stake in Corpura

Cheshire-based wound care group Advanced Medical Solutions (AMS) has acquired the remaining 50.6 per cent of the shares in Corpura B.V. from Recticel for up to €2.3 million (£2.1 million). 

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Amplio snaps up bankrupt US water business

London private equity group Amplio has acquired almost all the assets of NASDAQ-quoted water treatment company Basin Water for $2 million.

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AMS acquires remaining stake in Corpura

Cheshire-based wound care group Advanced Medical Solutions (AMS) has acquired the remaining 50.6 per cent of the shares in Corpura B.V. from Recticel for up to €2.3 million (£2.1 million). 

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Mid-sized businesses confident and able to raise finance

The UK recession will be over next year, according to a survey of management accountants from medium-sized businesses. 

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Bright Ideas Trust invests in Audium

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JP Morgan Private Equity raises $93.4m

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New finance source for biotech ventures

The Mobius Life Sciences Fund has been launched by biotech incubator BioCity Nottingham to finance early-stage life sciences companies.

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