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ReneSola secures £83m

ReneSola Ltd, the AIM-traded manufacturer of solar wafers for use by the solar power industry, has announced that its wholly owned subsidiary, Sichuan ReneSola Material Co, has secured RMB800 million (£83 million) from China Construction Bank. 

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Galleon ups fruit intake

Galleon Holdings Plc, the AIM-listed entertainment media company that develops and produces multi-platform properties with a focus on the emerging markets, is set to acquire a 19 per cent stake in Dragonfruit Entertainment in a cash-and-shares deal.

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Cornerstone undergoes MBO

Estate agency Cornerstone The Midlands, which trades under the Burchell Edwards Estate Agents banner, has been acquired by newly established company Burchell Edwards Midlands for an undisclosed sum.

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Halarose management elect for MBO

The management team of Oxfordshire-based Halarose, a provider of electoral registration and election management software and services to local authorities, has completed the purchase of a controlling interest in the company.

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Six-figure sum for Welsh car repairer

Western Automotive, a commercial car repair and fleet business based in South Wales, has received a funding package of £170,000.

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Close Ventures bought by its directors

The executive directors of Close Ventures, which manages seven venture capital trusts, have acquired the business from parent group Close Brothers.

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AIM suffers fundraising freeze

The Alternative Investment Market (AIM) endured the toughest fundraising climate in its history in 2008, with just 40 new issues raising money.

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Endemol in Aussie deal

Endemol, the television company behind Big Brother, has acquired Southern Star Group, Australia’s largest independent TV production and distribution company, in a deal understood to be worth A$75 million (£35.5 million).

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AIM suffers fundraising freeze

The Alternative Investment Market (AIM) endured the toughest fundraising climate in its history in 2008, with just 40 new issues raising money.

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Endemol in Aussie deal

Endemol, the television company behind Big Brother, has acquired Southern Star Group, Australia’s largest independent TV production and distribution company, in a deal understood to be worth A$75 million (£35.5 million).

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Offer on table for Tepnel

Tepnel Life Sciences Plc, the AIM-listed international life sciences products and services group, has seen its shares surge 18 per cent after it confirmed that it was in the midst of takeover talks.

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Stagecoach drives growth

Stagecoach, one of the UK’s largest bus operators, has completed its second deal in as many months with the acquisition of Preston Bus.

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Scancell in good health

The directors of a company that is perfecting a range of cancer vaccines have taken the business to PLUS in a bid to continue the development of its products.

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MediLink-Global UK joins AIM

MediLink-Global UK, an electronic healthcare network service provider, has announced its admission to AIM.