Category

News

NWF to sell garden centre business

A Cheshire-based distribution specialist has announced that it is ready to listen to offers for its garden centre business in a bid to reduce its growing debt.

News

News

Funding for advertising firm Universe Media Holdings prior to listing

Universe Media Holdings, an advertising firm based in China, has received US$58.3 million (£31.1 million) from two venture capital funds ahead of a planned overseas listing.

News

Leni increases stake in exploration company

Leni Gas & Oil, an oil & gas exploration, development and production company, today announced that it has acquired a further million shares in Byron Energy from IB Daiwa Corporation, increasing its holding from 22.3 per cent to 28.94 per cent, for $6.6 million (£3.5 million) in cash.

News

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).

News

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).

News

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.

News

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

News

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

News

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

News

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

News

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.

News

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.

News

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.

News

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.