Other Done deals
Globo Plc, a leader in the information and communications technology market in Greece, has acquired a 35 per cent stake in ReachFurther Communications, a Cyprus-based mobile service provider and content aggregator. The financial details of the deal have not been revealed.
GKN Plc has confirmed that the acquisition of the former Airbus UK, Filton wing component and assemblies manufacturing facility, announced on 15 September 2008, has been completed.
Deals in the pipeline
Micro Focus International Plc, a FTSE 250 company and software provider, has agreed to acquire Relativity Technologies, Inc, a provider of enterprise application modernization services based in North Carolina, for some US$9.7 million in cash.
Titanium Asset Management Corp has announced the acquisition of Boyd Watterson Asset Management Corp, a provider of investment management services, from Boyd Watterson Asset Management Holdings LLC, in a cash-and-share deal worth $8.8 million.
Randall & Quilter, an AIM-listed insurance service provider and acquirer of solvent insurance companies in run-off, has announced the acquisition of Bermuda-based Quest Management Services, Quest (SAC) and Sentry Intermediaries, accounting and management services firms in the captive non-life insurance sector, for US$6.9 million.
Frutarom Industries, an international flavour and ingredients company with development laboratories and production facilities in the US, the UK, Switzerland and Israel, has announced the acquisition of Oxford Chemicals for US$12 million (£8.25 million).
Esterline Corporation, a US manufacturing company serving the aerospace and defense industries, has announced an agreement to acquire UK-based Racal Acoustics, a provider of military communications equipment, from private equity house ECI Partners for some £115 million.
NetPlay TV Plc, an interactive gaming company, has announced the acquisition of Venturygames.co.uk and Toucanwin.com, the mobile gambling and skill gaming businesses of Info-download, a subsidiary of Zed Worldwide, a developer of entertainment and community products and services for mobile phones and the internet. The terms of the deal have not been disclosed.