Archive for October, 2010

Antrim Energy Inc gets two new blocks in the UK North Sea 26th Seaward Licensing Round

Comments Off | 10-30-2010

Atrium Energy Inc Thursday announced the reception of an additional two new blocks in the UK North Sea in the 26th Seaward Licensing Round. The firm said it had gotten approval for the acquisition of the two from the UK’s Department of Energy and Climate Change.
The block, Block 21/29d is located in the Company’s core

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Indian firm Venkateshwara Hatcheries Group to acquire English Premier League club Blackburn Rovers Football Club

Comments Off | 10-29-2010

Venkateshwara Hatcheries Group is to acquire English football club, Blackburn Rovers. The Indian firm is in the process of the acquisition and has reported considerable progress. Venkateshwara Hatcheries Group is a poultry firm based in Pune, India and will be undertaking the investment for a consideration of 40 million pounds, around 280 crore. The transaction

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Bottom-line Technologies announces acquisition of London based SMA Financial

Comments Off | 10-28-2010

Foremost provider of collaborative payment, invoice and document automation solutions, Bottom-Line Technologies Wednesday announced it had acquired SMA Financial. SMA Financial is a London based provider of Software as a Service (SaaS) connectivity to SWIFT for the automation of payments and financing messaging.
The investment brings together a renowned SWIFT Regional Partner, the UK, Ireland and

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Elecon Engineering Ltd to acquire the Benzlers – Radicon Group of businesses from David Brown Gear Systems Group

Comments Off | 10-27-2010

Elecon Engineering Ltd is to acquire the Benzlers-Radicon Group of business. The firm said it will be undertaking the acquisition via its Mauritius based SPV, Elecon Transmission International Ltd. the Benzlers-Radicon Group of business is to be acquired from David Brown Gear Systems Group. Elecon has as well acquired the Applied Products Division, namely Radicon

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Meyer Bergman and Thor Equities acquire London’s premier retailer Burlington Arcade for £104 million

Comments Off | 10-26-2010

London’s premier retail destination Burlington Arcade has been acquired by Meyer Bergman and Thor Equities. The prestigious West End facility was acquired for an estimated investment sum of 104 million pounds.  A statement from the two firms said the investment has been undertaken through a joint venture that will initially be split 80/20. However, the

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US based MasterCard Inc concludes acquisition of the UK’s DataCash Group plc

Comments Off | 10-25-2010

US based MasterCard Inc Friday concluded its UK investment, terming it as significant in terms of the increase effect it will have on the firm’s existing e-Commerce merchant gateway presence in Asia and Australia to European countries and other high-growth, emerging markets worldwide. The conclusion marks the end of MasterCard’s push for the UK firm,

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Electronic Arts confirms takeover of Chillingo, the UK based mobile game maker for iPhone, iPad and iPod Touch

Comments Off | 10-23-2010

Electronic Arts Inc confirmed it had acquired the UK’s mobile games developer, Chillingo after speculation had arisen with reports suggesting such a move. Chillingo is a maker of popular mobile game titles for iPhone, iPad and iPod Touch. Electronic Arts Inc is an interactive entertainment software giant, with a number of popular brand games under

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Indian mobile technology firm IMIMobile completes acquisition of the UK’s WINplc at a cost of $26 million

Comments Off | 10-22-2010

India’s IMIMobile Thursday concluded its UK investment for which it was to acquire the UK’s WINplc. The Hyderabad based IMIMobile is a provider of mobile technology. Its acquisition of the UK firm was done at an investment of $26 million, marking the firm’s first major investment overseas.
The UK based WINplc is a mobile content and

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UK based AFM expands its fire alarm know-how with the purchase of ARC Fire Safety Limited’s Channel Islands division

Comments Off | 10-21-2010

UK based AFM Wednesday expanded its fire alarm expertise with an investment that will see it buy ARC Fire Safety Ltd’s Channel Island’s unit. ARC Fire Safety Limited’s Channel Islands division is a specialist in the design, manufacture and installation of wireless fire alarm systems. The Southampton based firm commenced its operations in Guernsey back

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Global IT solutions and services firm Dimension Data acquired mvision for an undisclosed sum

Comments Off | 10-20-2010

Dimension Data is to acquire UK based mvision in a deal done for an undisclosed amount. Dimension Data, the global IT solutions and services firm announced Tuesday it had purchased mvision, the UK based video conference integrator, network and managed video services provider. Dimension Data is estimated to be worth $4 billion and its operations

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