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Arriva closes LNWR train maintenance deal

Sunderland-based UK transport group Arriva has acquired train maintenance company London and North Western Railway Society (LNWR) for £2.4 million, which includes the repayment of a shareholder loan and assuming some £2 million of debt.

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Fines likely for data breaches

The UK’s privacy and data protection watchdog, the Information Commissioner’s Office (ICO), is seeking the power to fine businesses up to 10 per cent of their revenues for breaking data laws.

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TransGlobal gets £1 million cash injection

Payment processor TransGlobal Payment Solutions has secured equity finance of £1 million from two venture capital firms.

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RWE acquires Agrinergy stake

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In House Group takes Breatheasy stake

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Warrior Girl set to buy American Hydro Energy

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Prostrakan to acquire distressed assets

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GNE Group in acquisitive mood

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Prostrakan to acquire distressed assets

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GNE Group in acquisitive mood

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Zenergy nets European money

AIM-listed renewable energy specialist Zenergy Power has been awarded a grant of €475,000 (£399,000) by the European Comission.

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Nexit Infocom II raises €75 million

Nordic venture capitalist firm Nexit Ventures has announced the second closing of its Infocom II fund at €75 million (£63 million).

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UBM buys Xinhua PR Newswire

United Business Media (UBM) has acquired Xinhua PR Newswire, a corporate announcement distribution service based in China, from its partner Xinhua Finance for US$6 million (£4 million) in cash.

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In House to make Breatheasy deal

The Board of Warrington–based property broking and letting group In House Group Plc has agreed to take a 75 per cent interest in Breatheasy Finance, a Cheshire firm that identifies housing stock at below market value with a view to achieving strong rental yields.

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