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Leeds-based entrepreneur Paul Ross is to expand his business after receiving a funding package of more than £1 million. The capital will allow Ross to extend his designer sunglasses range into more Wal-Mart and QVC stores.
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Fortis Bank, a provider of banking and insurance services, Old Mutual, a UK-based international savings and wealth management company, and Tianjin TEDA Investment Holding have entered into an agreement for Old Mutual to acquire the 49 per cent stake that Fortis holds in ABN AMRO TEDA Fund Management.
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The values of mergers and acquisitions in the eurozone have fallen by almost half so far this year compared with the same period in 2007.
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Nobel Investments, an AIM-listed coin dealer and auctioneer, has revealed its plans to buy Apex Philatelics, a Surrey-based trader and auctioneer of postage stamps, for up to £1.25 million.
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The Nordic Capital Fund VI has bought global tinting systems provider CPS Color Group for an undisclosed sum.
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US-based broker Arthur J. Gallagher continues the trend of consolidation in the financial services sector with the acquisition of fellow broker Wm. W. George and Associates. The deal amount was undisclosed. For more deal headlines click here
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ArcelorMittal, the world's biggest steel producer, has agreed to buy iron ore miner London Mining Brazil from parent company London Mining, for up to $810 million (£435.2 million) to help improve its self-sufficiency in raw materials. The company was also considering investing another $700 million (£376.4 million) to increase production.
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Management at a northeast-based financial adviser is ignoring the current slowdown and is looking for more acquisition targets to expand its coverage after announcing record results.
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ArcelorMittal, the world's biggest steel producer, has agreed to buy iron ore miner London Mining Brazil from parent company London Mining, for up to $810 million (£435.2 million) to help improve its self-sufficiency in raw materials. The company was also considering investing another $700 million (£376.4 million) to increase production.
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Management at a northeast-based financial adviser is ignoring the current slowdown and is looking for more acquisition targets to expand its coverage after announcing record results.
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UK aerospace and defence systems manufacturer Cobham has unveiled its plans to buy US-based GMS, its fifth acquisition so far this year.
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Tribal, a consultancy and support services provider to the public sector, is to continue buying companies to expand its expertise after announcing a pre-tax profit rise of some 40 per cent.
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Pre-press company Datumpress has been the subject of a management buy-out by two of its longest serving staff. The terms of the buy-out were undisclosed.
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Vodafone has completed the £483 million acquisition of 70 per cent of Ghana Telecom. Read on for more deal headlines.
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