SoundCloud raises €2.5 million
Doughty Hanson Technology Ventures has invested €2.5 million (£2.2 million) in internet audio platform SoundCloud.
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Doughty Hanson Technology Ventures has invested €2.5 million (£2.2 million) in internet audio platform SoundCloud.
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Leeds-headquartered venture capital firm YFM invested £5 million across the UK in the first quarter of the year, £1.8 million of it in the North West.
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Mineral sands producer Kenmare Resources has turned a £6.4 million loss into annual pre-tax profits of £230,000.
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Preston-based life assurance company Chesnara Plc has announced its acquisition of Swedish rival Moderna Försäkringar Liv AB from Moderna Finance AB, for SEK250 million (£20.1 million) in cash.
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Cambridge-based Domino Printing Sciences Plc has acquired Portugal-based rival Labeljet SA and its subsidiary Marque TDI for up to €7 million (£6.2 million).
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Three in five businesses are struggling with cashflow because their clients are delaying payments, and large companies are the worst offenders.
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Leed Petroleum Plc, a UK-based oil and gas company that focuses on the Gulf of Mexico, has acquired the Ship Shoal Block 202 from Mariner Energy for $150,000 (£100,000) in cash.
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Cambridge-based IT company Anglia Business Solutions has acquired Norwich-based rival Supply Chain Systems from its US parent AgriWise for an undisclosed sum. For more deals click here.
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Broker Blue Oar is changing its name to Astaire after losing £16 million.
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