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Bunge, a US-based agribusiness and food company, has acquired the margarine business of Finland-based food company Raisio for euro80 million (£71.2 million).

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John Crane, a Berkshire-based manufacturer of seals and associated products, has acquired Orion Corporation, a US-based manufacturer of hydrodynamic bearings for energy and general industrial markets. The terms of the deal were not disclosed. 

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Irish bookmaker Paddy Power Plc has taken a 51 per cent stake in Sportsbet Pty, an Australian bookmaker that targets customers through telephone and online channels, for an initial payment of AU$48.5 million (£24 million).

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The majority of AIM-listed companies expect to complete acquisitions in the next 12 months, according to research.

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Syniverse Technologies, a Florida-based telecommunications company, has acquired the assets of Florida-based rival Wireless Solutions International for an undisclosed sum. For more deals click here.

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Xchanging, a London-based professional services firm, has acquired the FondsServiceBank (FSB) business unit, the Germany-based investment funds administration business of DAB bank AG, for up to €21.4 million (£19.1 million) in cash.