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HG metal snaps up rival

A consortium led by Singapore steel products maker HG Metal will gain control of local rival BRC Asia from UK-based Acertec. The consortium agreed to buy Acertec's 70.3 per cent stake in BRC for $34 million (£18 million).

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Rio Tinto sells uranium project

Rio Tinto, a UK-based mining group, has announced the sale of its Australian Kintyre uranium project to Cameco Corporation and Mitsubishi Development for US$495 million (£260 million).

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Two-thirds of Britons feel underpaid

Almost two-thirds of British workers believe they are not paid enough, according a survey by insurer Unum. On average, workers believe they should be paid £5,250 extra per year, while just two per cent of the 3,250 respondents admitted to being overpaid.

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M&A keeps moving in the Nordic region

The mid-market continues to swim against the tide as larger deals are washed away, writes Mark Dunne

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Deals hit a lull in The Midlands

There is scant deal-making action in the region, but what mid-market activity there is, is keeping the wolf from the doors of its advisers and funders. Mark Dunne reports

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Funding for Gulf exploration

CIT Group, a global commercial finance company, today announced that it has arranged a $190 (£100 million) secured credit facility for Vision Logistics Holding, a US provider of transportation services to the domestic oil and natural gas industry.

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Maxima stays on acquisition trail

Maxima Holdings, an AIM-listed provider of IT systems and managed services, is still looking for suitable acquisition targets, according to its chief executive.

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ABN Amro portfolio offloaded

Royal Bank of Scotland, Fortis and Santander, have sold a number of ABN Amro's private equity assets to a consortium led by Goldman Sachs. Read on for more deal headlines.

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Maxima stays on acquisition trail

Maxima Holdings, an AIM-listed provider of IT systems and managed services, is still looking for suitable acquisition targets, according to its chief executive.

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ABN Amro portfolio offloaded

Royal Bank of Scotland, Fortis and Santander, have sold a number of ABN Amro's private equity assets to a consortium led by Goldman Sachs. Read on for more deal headlines.

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2E2 plans £58m bolt-on deal

2E2, an IT-managed services provider serving clients in the UK, Channel Islands, Belgium and the Netherlands, has unveiled its plans to acquire Berkshire-based Netstore, an AIM-listed supplier of security and IT-managed services.

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Procurement bias against SMEs

Private sector businesses believe that small and medium-sized enterprises (SMEs) are ‘less competitive’ than their larger counterparts, according to a survey from telecoms groups BT Business and Cisco.

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AIM’s oil & gas activity rises – report

Ernst & Young has revealed that its Oil & Gas Eye index, which monitors the performance of the top 20 oil and gas companies on AIM, has shown a 27 per cent increase in the second quarter compared to the first three months of the year.

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First Artist to stage US deal

A London-based media, events and entertainment group that has helped promote West End shows, such as Mamma Mia!, The Lion King and The Sound of Music, is on the verge of expanding its operations across the Atlantic.

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