News
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Getinge offers £409m for Luton healthcare firm
Huntleigh Technology has agreed the terms of an all cash offer for its business from Sweden’s Getinge AB which values the Luton medical equipment... Read More
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KPMG in historic merger
KPMG partners in the UK and Germany have approved a proposal to merge the two member firms, creating Europe’s largest accountancy firm – with... Read More
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Prospects look bright following €12m funding round
A Cambridge display company that was spun out from Philips research labs in Holland has closed an £8m Series A financing round.Liquavista, which is... Read More
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Asian deal for Sarantel
Northants-based Sarantel has signed a memorandum of understanding to bring production of its filtering antennas for the wireless market closer to its... Read More
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London law firm launches in Cambridge
London-based law firm, Charles Russell has assembled an employment team to launch a new branch in Cambridge, led by Nick Sayer and Tim Tyndall,... Read More
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Flexible Lamps lights up commercial vehicle company
Harlow-based automotive lighting manufacturer, Flexible Lamps, has become part of the world’s new leading commercial vehicle lighting company... Read More
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Air Berlin set to invest in new aircraft
Air Berlin is to splash out almost £3 billion on 60 Boeing 737s over the next seven years as it fights to keep apace with its European low-fares... Read More
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Domantis snapped up by GSK in £230m acquisition
The world’s second largest pharmaceutical firm, GlaxoSmithKline, is coming to Cambridge through the £230 million acquisition of leading antibody... Read More
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Indian vaccine manufacturer shows £1.9m of interest in local biotech
Stable vaccine specialist, Cambridge Biostability Ltd (CBL), is to sell a 10 per cent stake in the company to India’s second largest vaccine... Read More
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Essex economy benefits from Stansted growth
It usually takes a rebuilding programme following a major war to produce the scale of growth that Essex is on the threshold of achieving on the wings... Read More
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Southern Norway opens up to London Stansted
Norwegian, Scandinavia’s largest low cost carrier, has started a new route from London Stansted to Kristiansand in the south of Norway.The route is... Read More
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Chief exec given lifetime achievement award
Dr Derek Harris, chief executive of Hertfordshire Business Incubation Centre, has been awarded a lifetime achievement award for services to business... Read More
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Screen Technology aiming to raise £1.5m through share placing
Cambridge-based Screen Technology has announced a placing of 2.5 million shares in order to raise £1.5m before expenses, and a new order from a blue-... Read More
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Amino furthers Asian ties
Following its collaboration announcement with Chengdu USEE last month, Swavesey-based Amino Technologies has furthered its Asian ties with a new deal... Read More
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CeNeS to raise £4.8m
Cambridge-based pharmaceutical company, Cenes has announced a placing of 74m shares at 6.5p to raise £4.8m.The firm has said the funds will be used... Read More
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Stock Exchange award for Autonomy
Autonomy’s acquisition of its major competitor, Verity at the close of December last year has earned the firm ‘Achievement of the Year’ in this year’... Read More
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Centurion slashes losses
Automotive electronics firm Centurion announced that it had slashed pre-tax loss before exceptionals from £2.8m to £686kThe company attributed the... Read More
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Greene King announces strong performance
Pub operator Greene King has announced a strong first half year with revenue and operating profit up 16 and 7 per cent, respectively.“This has been... Read More
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Record profits for May Gurney
Norwich-based construction services firm, May Gurney has announced record £7.1m first half earnings. It reported H1 revenues of £199.6m, up 12 per... Read More
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Luminar to sell entertainment division
Luminar announced it is to sell its entertainment division to Prestbury Holdings for £76.8m in cash and £19m in loan notes.The division comprises 19... Read More