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npower purchases SPI Group

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Barclay brothers buy up Woolworths brand name

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Waterford Wedgwood finds potential buyer

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Finsbury acquires Compassoft

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Interest rates cut for fifth month in a row

The Bank of England has cut interest rates for the fifth consecutive month since October, from 1.5 to one per cent.

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Xtract Energy’s joint oil & gas ventures

AIM-listed Xtract Energy has entered into two joint ventures in the oil and gas sector. In September, Xtract joined forces with Merty Energy Petroleum Exploration, Education and Services of Turkey, to create a new medium-sized oil and gas exploration and production business focused on Turkey.

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3i sells Insensys

Private equity firm 3i has sold its minority stake in fibre optic specialist Insensys to US-based Moog, which makes precision control systems.

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DEFI Gestion takes Plumettaz stake

Switzerland-based private equity house DEFI Gestion SA has announced the acquisition of an undisclosed majority interest in the Plumettaz Group, a world leader in jetting equipment for energy and telecommunications cables.

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3i sells Insensys

Private equity firm 3i has sold its minority stake in fibre optic specialist Insensys to US-based Moog, which makes precision control systems.

News

DEFI Gestion takes Plumettaz stake

Switzerland-based private equity house DEFI Gestion SA has announced the acquisition of an undisclosed majority interest in the Plumettaz Group, a world leader in jetting equipment for energy and telecommunications cables.

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WPP buys Red Dot Square

Global communications services provider WPP has acquired Red Dot Square Solutions, a UK-based virtual reality research company, for an undisclosed sum.

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Cambridge Broadband gets $7.5m

Cambridge Broadband Networks, a privately held provider of intelligent point-to-multipoint microwave backhaul services, has secured $7.5 million.

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Fentech Holdings buys Ansa Hose Systems

Leeds firm Fentech Holdings has acquired Goole-based Ansa Hose Systems, a hose and pneumatic control systems specialist, in a deal backed by Venture Finance.

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Finsbury Solutions acquires Compassoft Inc

Finsbury Solutions, a supplier of spreadsheet management and control software, has acquired Compassoft Inc, a US-based governance risk and compliance software vendor.

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