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UK private equity firm Bridgepoint acquires France’s Flexitallic Group

UK-based private equity group Bridgepoint Capital Ltd has agreed to acquire French sealing solutions provider The Flexitallic Group from French buyout firm Eurazeo PME via a EUR450m (USD588.9m) deal, the target said. Flexitallic … Continue reading “UK private equity firm Bridgepoint acquires France’s Flexitallic Group”


US-based Hain Celestial acquires UK baby food maker Ella’s Kitchen

US natural and organic products specialist The Hain Celestial Group Inc (NASDAQ:HAIN) said it had bought UK premium organic baby food maker and distributor Ella’s Kitchen Group Limited, without disclosing the price. With … Continue reading “US-based Hain Celestial acquires UK baby food maker Ella’s Kitchen”


GSK seeks buyers for Lucozade and Ribena brands — report

UK drugmaker GlaxoSmithKline Plc (LON:GSK) has hired JPMorgan Chase & Co (NYSE:JPM) and Greenhill & Co Inc (NYSE:GHL) to help it offload nutritional drink brands Lucozade and Ribena, a spokesperson told Reuters today. … Continue reading “GSK seeks buyers for Lucozade and Ribena brands — report”


DreamWorks acquires YouTube teen network AwesomenessTV

US animated film producer DreamWorks Animation SKG Inc (NASDAQ:DWA) said it had agreed to buy local YouTube teen network AwesomenessTV Inc from founder Brian Robbins. Under the terms of the deal, the buyer … Continue reading “DreamWorks acquires YouTube teen network AwesomenessTV”


Greece’s accepts €652m bid for OPAP by investor Emma Delta

The Hellenic Republic Asset Development Fund (HRADF) has accepted an improved bid of EUR652m (USD858.6m) for a controlling stake in Hellenic Football Prognostics Organisation SA (OPAP) by Greek-Czech investment fund Emma Delta, the privatisation … Continue reading “Greece’s accepts €652m bid for OPAP by investor Emma Delta”


Lloyds agrees sale of Spanish retail banking operations to Sabadell

UK’s Lloyds Banking Group plc (LON:LLOY) on Monday said it would sell its retail banking activities in Spain to local lender Banco de Sabadell SA (MCE:SAB) in a cash and stock transaction, as … Continue reading “Lloyds agrees sale of Spanish retail banking operations to Sabadell”


Facebook agrees to take over Parse

US tech giant Facebook Inc (NASDAQ:FB) has agreed to acquire domestic mobile start-up Parse Inc, the companies said in separate blog posts. The deal, whose terms were not provided, is seen to complete … Continue reading “Facebook agrees to take over Parse”


UK’s 0.3% GDP growth in Q1 welcomed by business groups

Business groups have given a cautious welcome to the announcement this morning that the UK has avoided a triple-dip recession, with the economy growing by an estimated 0.3% in the first quarter of … Continue reading “UK’s 0.3% GDP growth in Q1 welcomed by business groups”


France’s Safran acquires Rolls Royce’s 50% stake in helicopter engine venture for €293m

French aerospace, defence and security firm Safran SA (EPA:SAF) said Tuesday it had agreed to buy UK Rolls-Royce Holding PLC’s (LON:RR) 50% interest in the joint RTM322 helicopter engine programme for EUR293m (USD382m) in … Continue reading “France’s Safran acquires Rolls Royce’s 50% stake in helicopter engine venture for €293m”


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