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News | Market & Sector Focus

High hopes for Pre-Budget Report

Changes anticipated in Monday’s Pre-Budget Report (PBR) include cancellation of a planned corporation tax hike and a climbdown on taxing the foreign profits of UK companies.   Banking & Finance / Wednesday, 19th November 2008

TransGlobal gets £1 million cash injection

Payment processor TransGlobal Payment Solutions has secured equity finance of £1 million from two venture capital firms.   Banking & Finance / Tuesday, 18th November 2008

Zenergy nets European money

AIM-listed renewable energy specialist Zenergy Power has been awarded a grant of €475,000 (£399,000) by the European Comission.   Manufacturing / Tuesday, 18th November 2008

Nexit Infocom II raises €75 million

Nordic venture capitalist firm Nexit Ventures has announced the second closing of its Infocom II fund at €75 million (£63 million).   Telecoms / Tuesday, 18th November 2008

Melorio to buy Zenos duo 

Melorio has continued its consolidation strategy in the UK’s vocational training sector by agreeing to buy two government-funded providers.   Business Services / Monday, 17th November 2008

Direct marketing group changes hands

West Midlands-based entrepreneur David Grove has bought direct marketing company GI Solutions (GIS) with backing from private equity.   Media & Marketing / Monday, 17th November 2008

Property fund raises £100 million

Commercial property investment manager Orchard Street has secured £100 million of bank funding to pursue ‘exciting' opportunities in the UK.   Construction & Property / Monday, 17th November 2008

CVS buys animal hospital 

AIM-listed CVS Group has increased the number of veterinary surgeries under its control to 155 after taking over The Village Animal Hospital.   Healthcare / Friday, 14th November 2008

Longbow invests in medical imaging company

Biotronics 3D, a developer of medical imaging software intended for widespread use by doctors, has received equity investment.   Healthcare / Thursday, 13th November 2008

Cleantech fund raises further £18 million

Ludgate Environmental Fund (LEF), an AIM-listed investment company focused on clean technology, has raised £18 million of new capital.   Cleantech / Thursday, 13th November 2008

Ultra’s Weed Instrument deal 

A London-based electronic systems supplier to the aerospace industry has expanded its US operations by acquiring a company in Texas.   Manufacturing / Thursday, 13th November 2008

Cheapflights co-founder sees downturn’s silver lining

Hugo Burge, the co-founder of discount travel website Cheapflights, says there are plus points to doing business in a downturn.   Travel / Wednesday, 12th November 2008

Margins, not momentum, to drive web M&A

Potential acquirers of young web ventures rate profitability above page impressions, according to Ben Holmes, a partner at Index Ventures.   Media & Marketing / Wednesday, 12th November 2008

Oil and gas recruitment firm in MBO

Kinetic Technical, a recruitment consultancy serving the oil and gas industries, has been bought by its management.   Business Services / Wednesday, 12th November 2008

Air Touring takes control of Socata Deutschland 

Aircraft engineering specialist Air Touring has become the sole owner of a German business after buying its JV partner’s shares.   Manufacturing / Wednesday, 12th November 2008

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