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An increasing number of owner-managers are consulting psychics on how to run their business, according to a company fronted by astrologer Russell Grant.
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Scotland-based Pinnacle Telecom Plc has acquired ATUK, a telecommunications provider based in Northampton, for £661,000.
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Judges Scientific, a West Sussex-based company that specialises in manufacturing scientific instruments, has acquired East Sussex-based rival Quorum Technologies for up to £1.5 million.
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AlertMe.com, a provider of energy monitoring systems for homes, has secured £8 million in Series B funding from four venture capital investors.
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London-based specialist insurance company THB has acquired Property Risk Management (PRM) for up to £350,000.
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AIM-listed support services group Mavinwood has sold two of its subsdiaries in a management buy-out for a consideration of up to £19.6 million.
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The salaries and bonuses of sales managers are still rising, making them better rewarded than their colleagues in marketing, finance and HR.
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With an economy that is expected to contract by 5.4 per cent this year, according to the European Commission, Germany has not escaped the global downturn. “It is fair to say that overall deal activity has gone down by 40 to 50 per cent from a year ago,” says Dr Carsten Risch, managing partner of Ernst & Young Corporate Finance Germany.
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The salaries and bonuses of sales managers are still rising, making them better rewarded than their colleagues in marketing, finance and HR.
News
With an economy that is expected to contract by 5.4 per cent this year, according to the European Commission, Germany has not escaped the global downturn. “It is fair to say that overall deal activity has gone down by 40 to 50 per cent from a year ago,” says Dr Carsten Risch, managing partner of Ernst & Young Corporate Finance Germany.
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London-based insurance broker Jardine Lloyd Thompson Group Plc (JLT) has acquired Wolverhampton-based rival Ingham Holdings for up to £14 million.
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Braveheart, a Perth-based technology investment group, has acquired Yorkshire-based rival Inkopo for up to £1.3 million.
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Hunting Plc, a London-based energy services company, has acquired PT SMB Industri, an Indonesia-based manufacturer of appliances for the oil and gas industry for $10.5 million (£6.6 million).
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Short-term loan website Wonga has raised $22.25 million (£14 million) from venture capital (VC) investors less than a year after its full launch.
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