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Five-a-side football company Powerleague is recommending a 52p cash bid from major shareholder Patron Sports Leisure.
Stocks and shares website operator ADVFN has halved annual pre-tax losses to £710,000 owing to strict cost management.
London private equity group Amplio has acquired almost all the assets of NASDAQ-quoted water treatment company Basin Water for $2 million.
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).
The UK recession will be over next year, according to a survey of management accountants from medium-sized businesses.
The Mobius Life Sciences Fund has been launched by biotech incubator BioCity Nottingham to finance early-stage life sciences companies.
Global M&A is still struggling and Europe is feeling the sting more than others, according to quarterly research by mergermarket.
The Capital for Enterprise (CfE) fund has invested £2 million in business process outsourcing provider Documetric.