UK-based bookmakers Betfred has won the battle to secure the purchase of the Tote from the government for a total consideration of £265 million, following an auction process that began in November.
Communications business Chime Group has made an acquisition push by securing three deals, the largest of which is the purchase of sports marketing company Icon, after raising £12.25 million in a placing.
Pharmaceuticals giant GlaxoSmithKline has acquired sports nutrition brand Maximuscle in a deal worth £162 million, after the Office of Fair Trading approved the transaction.
Sports marketing and media business Essentially Group plc has acquired sports consultancies Frontiers Group UK and Athletes 1 Sports for up to £12.3 million in cash and shares.
