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News

McKay buys Maidenhead property

Real estate investment trust McKay Securities plc has bought an office building in Maidenhead for a seven-figure sum.

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Mouchel buys management consultancy

Business services provider Mouchel Group plc has more than doubled the size of its management consultancy division after completing an acquisition worth tens of millions of pounds.

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Record year for UK ABL

Few financiers operating in today’s troubled funding market would describe 2007 as a record year, unless you’re Kate Sharp, chief executive officer of the Asset Based Finance Association (ABFA).

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ITV sells Liverpoolfc.tv

ITV plc has sold its 50 per cent share in Liverpoolfc.tv as part of its ongoing disposal strategy. The move follows ITV’s divestment of its one-third interest in Manchester United Television (MUTV) in November last year.

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One Media buys music catalogue

An audio-visual music catalogue group has continued its expansion strategy with the acquisition of the rights to thousands of music tracks for £25,000.

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Reed Business powers up for Heren deal

Reed Business Information, a Surrey-based media group, has added a publisher of European gas, power and carbon market information to its portfolio with the acquisition of Heren Energy.

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British small businesses ‘optimistic about growth’

More than half - 65 per cent - of small businesses aim to expand over the coming years, according to a new report.

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Sirius to raise £6 million

Sirius Exploration intends to seek up to £6 million after acquiring Sierra Leone-focused Njahili Resources.

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British small businesses ‘optimistic about growth’

More than half - 65 per cent - of small businesses aim to expand over the coming years, according to a new report.

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Sirius to raise £6 million

Sirius Exploration intends to seek up to £6 million after acquiring Sierra Leone-focused Njahili Resources.

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PAQ bags £1 million on AIM

A Chinese manufacturer of own-brand bags for mobile phones and laptops has raised £1 million through an initial public offering on AIM at 6p.

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Security group’s Rock Steady deal

An international security group has added an event stewarding and crowd management company to its portfolio.

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Foresight to manage Noble VCT

The directors of Noble VCT have announced that from 1 April it will be managed by venture capital group Foresight.

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Keycom clears debts via PLUS

PLUS-listed Keycom, which installs phone and broadband connections in student accommodation, has raised £1.5 million through a placing. The company has also converted loan notes worth £4.5 million held by three of its institutional investors into equity.