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Diamond deal for De Beers

AIM-listed miner Petra Diamonds has acquired a 75 per cent stake in Tanzania's Williamson diamond mine from Chevlot Holdings, a unit of De Beers, for US$10 million (£5.7 million).

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Weir disposes of Canadian subsidiary

A Scottish engineering giant has continued its strategy of disposing of its non-core assets by selling a Canadian industrial product distributor.

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Quotient Bioscience nets £35 million

A provider of analytical services for bioscience and sport has secured an investment of £35 million from private equity firm TA Associates, which takes a minority stake in the company.

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Indus raises £25m on AIM

An oil and gas exploration and development company is to expand its interests in India after raising £25 million on AIM.

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London Capital bets on Gibraltar deal

Financial services group London Capital Plc has strengthened its spread betting operations with the acquisition of Gibraltar company FuturesBetting.com.

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Fairfield Greenwich Group merger with Banque Benedict Hentsch

US hedge fund Fairfield Greenwich Group has merged with Swiss private bank Banque Benedict Hentsch, bringing their managed assets to US$18 billion (£10.2 billion).

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Interview: Lesley Gavin

Lesley Gavin insight into technology and innovation today points the way ahead for business tomorrow.

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CT to expand with £2m investment

CT Holdings, a maker of products for children’s bedrooms and a supplier of fabrics, has announced plans to boost its product range after securing a £2 million investment from Bank of Scotland Corporate.

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Interview: Lesley Gavin

Lesley Gavin insight into technology and innovation today points the way ahead for business tomorrow.

News

CT to expand with £2m investment

CT Holdings, a maker of products for children’s bedrooms and a supplier of fabrics, has announced plans to boost its product range after securing a £2 million investment from Bank of Scotland Corporate.

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SQS tests the waters with Validate deal

SQS, a private software testing business, has increased its presence in the Nordic countries with the acquisition of Validate Technology Svenska for undisclosed terms.

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TWMA in seven-figure deal

Total Waste Management Alliance (TWMA), an Aberdeen-based international environment service specialist, has bought Engineering Environmental Services (EES), a vessel-cleaning business, for a seven-figure sum.

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Italian’s drink to BevEx deal

An Italian insulation materials specialist has expanded its operations in the European beverage dispensing equipment market after buying a company in Leicester.

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Capital Funds’ double helping

A venture capital fund that supports small businesses in Greater London has spent six figures backing two food companies.

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