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Dimension buys Teksys

South Africa-based IT company Dimension Data has acquired Teksys, a UK Microsoft infrastructure and licensing services company, for an undisclosed sum.

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BG Group blocks Arrow

BG Group Plc, a UK conglomerate with a portfolio of exploration and production, liquefied natural gas, transmission and distribution and power generation business interests, has trumped Arrow Energy with an all-cash takeover offer for Pure Energy Resources.

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Recycling company receives £4 million

New Earth Solutions, a waste management company, has received a further £4 million from environmental investor Impax Asset Management.

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Essex University project gets euro boost

Euromod, a research tool used to estimate the effects of taxes and benefits on households in Europe, has been awarded a grant of €4.5 million (£4 million).

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Peter Hambro raises £72m

Russian gold miner Peter Hambro Mining has raised £72 million gross (£68 million net) to reduce its short-term debt obligations.

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Trojan finds new financing

Trojan, a Birmingham-based corporate clothing supplier, has secured new working capital to keep trading after receiving a combined trade and invoice finance line worth £1.5 million from Davenham, an asset-based lender to the SME sector.

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MLR Networks in MBO

MLR Networks, a cable installation company, has been bought by its management team. Ian Morris led the MBO and is now managing director of the Widnes-based company.

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Bluefin Insurance Services expands in Cumbria

Kendal-based Bluefin Insurance Services has acquired Lakeland Insurance Services for an undisclosed sum.

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MLR Networks in MBO

MLR Networks, a cable installation company, has been bought by its management team. Ian Morris led the MBO and is now managing director of the Widnes-based company.

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Bluefin Insurance Services expands in Cumbria

Kendal-based Bluefin Insurance Services has acquired Lakeland Insurance Services for an undisclosed sum.

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TiNet in private equity deal

BS Investimenti SGR, a unit of Milan-based BS Private Equity SpA, is set to acquire the international network business of Italian broadband company Tiscali for €47 million (£41 million).

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RSA expands into CEE

RSA Insurance Group has agreed to acquire the remaining 50 per cent of its joint venture with Direct Insurance Financial Investments (DIFI) in Central and Eastern Europe

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Agassi and Graf invest in Viagogo

Secondary ticketing company Viagogo has secured US$15 million (£10 million) from investors including tennis greats Andre Agassi and Stefanie Graf.

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npower purchases SPI Group

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