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Redtray buys PPi Learning Services

London-based education company Redtray has acquired PPi Learning Services for an undisclosed sum.

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Brightsolid acquires Friends Reunited

IT business brightsolid has acquired social networking site Friends Reunited from ITV Plc for £25 million.

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Post-acquisition branding

Establishing the right brand for a newly acquired company has kept many a CEO awake at night. StrategicFusion’s Stephen Rogers looks at how to get it right 

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Ubidyne secures $43 million

German technology company Ubidyne has raised $43 million in a series B funding round.

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Surrey NanoSystems bags £2.5 million

University spin-out Surrey NanoSystems has received £2.5 million in funding.

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OHM refinances

Loss-making Offshore Hydrocarbon Mapping (OHM) has exchanged £28 million of vessel charter liabilities for equity and is raising £2.6 million.

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IP Group’s assets slip

Intellectual property commercialisation specialist IP Group boasts a ‘promising pipeline of spin-out opportunities’ after losing a first-half £4.9 million.

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TradeLabs acquires Right Deal

TradeLabs, a PLUS-listed algorithm trading company, has acquired IT distribution company Right Deal for up to $1.25 million (£750,000).

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IP Group’s assets slip

Intellectual property commercialisation specialist IP Group boasts a ‘promising pipeline of spin-out opportunities’ after losing a first-half £4.9 million.

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TradeLabs acquires Right Deal

TradeLabs, a PLUS-listed algorithm trading company, has acquired IT distribution company Right Deal for up to $1.25 million (£750,000).

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Silverfleet Capital nabs Kalle

European private equity house Silverfleet Capital has acquired Kalle, a manufacturer of sausage casings, for €212.5 million (£183 million).

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Alliance buys rights

Speciality drug company Alliance Pharma is buying worldwide rights to two treatments from health and cleaning group Reckitt Benckiser.

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Interactive acquires Marine Media

PLUS-quoted Interactive Publishing has acquired Northern Ireland-based publisher Marine Media from Sterling Securities International for £200,000. 

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UK SMEs still to catch up with globalisation

Less than half of SMEs in the UK do business overseas, and of those that do, most look to neighbouring nations for trading partners.

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