Archive for November 7th, 2012


UK employees see wage growth of 62% over 25 years

Full-time employees in the UK are earning 62% more than they were 25 years ago, the Office for National Statistics (ONS) said today. As of April 2011 the average full-time wage had risen to around GBP12.62 per hour excluding overtime. […]

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Roman Abramovich

Abramovich invests in UK waste solutions firm W2T

UK-based waste solutions provider Waste2Tricity Ltd, or W2T, said today that businessman Roman Abramovich's Ervington Investments Ltd had taken a 10% stake in the company in exchange for

Manchester, England

UK transport group Stagecoach acquires Manchester operator Bluebird

British bus and rail public transportation provider Stagecoach Group Plc (LON:SGC) said today it will acquire the north Manchester bus activities of private operator Bluebird for GBP2m (USD3.2m/EUR2.5m). The


Westminster considers easing pension scheme restrictions for low paid workers

The government is considering easing restrictions to a pension scheme specifically designed to help the low paid. The surprise move comes just three months after a Bureau


Private equity firms in talks to take London-listed Corin Group private

British orthopaedic products and services provider Corin Group Plc (LON:CRG) confirmed advanced negotiations over a potential deal to be taken over by 2IL Orthopaedics Limited for GBP0.70 (USD1.12/EUR0.90)


Tesco’s Turkish unit in talks to acquire a controlling stake in local grocer Uyum Gida

Tesco Kipa Kitle Pazarlama Ticaret ve Gida Sanayi AS (IST:KIPA), the Turkish subsidiary of British retailer Tesco Plc (LON:TSCO), is in preliminary discussions about buying a majority stake

Scotsman makes ice machines

Italy’s ALI acquires Scotsman Industries from sponsor Warburg Pincus

Italian foodservice equipment manufacturer ALI Group SpA announced its entry into a definitive agreement to buy Scotsman Industries Inc from US private equity major Warburg Pincus LLC. The parties

ViaSat 2Q 2013 shows revenue over $282 million

ViaSat Inc. (NASDAQ: VSAT) said financial results for the second quarter of fiscal year 2013 include new contract awards and revenues of $548.0 million and $282.8 million, adjusted

Trulia partnership expands RE/MAX results online reach

Trulia (NYSE: TRLA) has partnered with RE/MAX Results so that nearly 700 RE/MAX Results real estate professionals will receive prominent placement and brand exposure for their property listings

New Transition Networks management system built for provisioning and monitoring of next-generation carrier Ethernet 2.0 Services

Communications Systems, Inc. (NASDAQ: JCS) subsidiary Transition Networks Inc. has released its CONVERGE Element and Service Management System, an intelligent, scalable, carrier grade solution that simplifies management and

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