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Owner-managers postpone retirement

Four out of five business owners say they will have to retire later than they expected a year ago as the recession deepens, according to research.

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ITV offloads JFMG

ITV Network Ltd, owned by ITV Plc, has sold its 70 per cent stake in spectrum management company JFMG.

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Ten Alps acquires County Link Media

Ten Alps Plc, a media company co-founded by Sir Bob Geldof, has acquired County Link Media, the Belfast-based online television production company that has created the channel Fermanagh TV.

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Intertek closes double deal

The industrial services unit of Intertek Group Plc, an international provider of quality and safety services to a range of industries, has made two acquisitions for $40 million.

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San Leon asset boost

AIM-traded international oil and gas company San Leon Energy has agreed to acquire TSX Venture Exchange-listed Gold Point Energy in an all-share deal worth $1.5 million.

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Raven Russia to raise £125m

Raven Russia, an AIM-traded developer of warehouses and logistics parks in Russia, has announced its plans to raise £125 million via a placing.

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Electro Power Systems secures £4.7m

Italian fuel cell manufacturer Electro Power Systems has secured a euro5.4 million (£4.7 million) funding round led by a private investor and its existing venture capital investor, 360° Capital Partners.

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VC backers exit Purple Labs

French mobile phone software company Purple Labs is being acquired by Swiss-based Esmertec, providing an exit for the company’s backers.

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Electro Power Systems secures £4.7m

Italian fuel cell manufacturer Electro Power Systems has secured a euro5.4 million (£4.7 million) funding round led by a private investor and its existing venture capital investor, 360° Capital Partners.

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VC backers exit Purple Labs

French mobile phone software company Purple Labs is being acquired by Swiss-based Esmertec, providing an exit for the company’s backers.

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Esmertec buys Purple Labs

French mobile phone software company Purple Labs is being acquired by Swiss-based Esmertec, providing an exit for the company’s venture capitalbackers.

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Hexagon in bid talks

Headhunter Hexagon Human Capital says it is in "very preliminary" discussions with an unnamed potential bidder.

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Hawtin acquires Holywell Group

AIM-traded investment company Hawtin Plc has acquired the Holywell Group for £2.9 million. For more deals click here.

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Momentum acquired by Huntsworth

A communications specialist with operations in Riyadh and Dubai has been acquired by international public relations and healthcare communications group Huntsworth Plc in a deal worth up to US$12 million in cash.

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