Archive for November, 2010

NBC Universal International buys the UK’s production house Monkey Kingdom

Comments Off | 11-18-2010

NBC Universal International Tuesday reported it had acquired the UK based Monkey Kingdom, a production company with titles such as The Charlotte Church Show, Comedy Roasts and My Kind of Town under its name. Monkey Kingdom’s credits are non-scripted and are normally entertainment fare like the ones mentioned earlier.
Michael Edelstein, NBC Universal International president of

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TSL Education Ltd acquires UK based Electronics Blackboard Ltd (i-board)

Comments Off | 11-17-2010

TSL Education Ltd Tuesday announced it had bought Electronics Blackboard Ltd (i-board). Electronics Blackboard Ltd is a UK based firm that develops education software. TSL Education said the move consolidates its position as the market leading provider of education teaching resources. TSL already provides over 40,000 free teaching resources and over 2.3 million downloads from

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UK Property Company Hansteen pledges to maintain its vigorous acquisition plans

Comments Off | 11-16-2010

Hansteen Monday reiterated it will stick to its vigorous investment expansion plans, in spite of the wider lull in the real estate market. The UK property firm vowed to maintain the acquisition drive, but to share the gains of rising income profits with investors. The UK property market is experiencing a chill but the firm

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Newsweek magazine merges with news website The Daily Beast

Comments Off | 11-15-2010

Newsweek magazine announced it had agreed on a merger with news website The Daily Beast. Former Vanity Fair magazine editor Tina Brown co-founded The Daily Beast two years ago and said the two companies would be a powerful dual platform. Newsweek, established in 1933, was sold by the Washington Post to businessman Sidney Harman.
The new

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Posted in FDI news UK, General, Telecommunication sector UK | Read More

Hut Group buys out the UK’s biggest online Health and Beauty retailer Lookfantastic Group

Comments Off | 11-13-2010

The Hut Group reported it had acquired the UK’s biggest online Health and Beauty retailer, the Lookfantastic Group. Hut Group paid around 19.4 million pounds for the retailer, in a move in line with its strategy to position itself as one of Europe’s biggest online players. Under the terms of the deal, Lookfantastic shareholders will

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Posted in FDI news UK, General, Healthcare UK, Retail | Read More

Daisy Group announces purchase of SpiriTel for £37 million

Comments Off | 11-11-2010

In a move that marks its biggest ever buy to date; the Daisy Group announced it had purchased SpiriTel, a service provider for an investment pegged at £37 million. Daisy Group’s investment amount, the £37 million is inclusive of repayment of debt facilities from Clydesdale Bank. The Clydesdale Bank has financed SpiriTel’s buy and build

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Posted in FDI news UK, General, IT and Telecom UK, Telecommunication sector UK | Read More

US based Hollywood production firm Warner Bros buys Home to the Harry Porter Movies, the Leavesden Studios

Comments Off | 11-11-2010

US based Hollywood production firm Warner Bros announced it had bought Britain’s Leavesden Studios, home to the famous Harry Porter films. Warner Bros said it will put some 100 million pounds into the expansion of the Studios, a move that will create about 1,800 jobs. Warner Bros Chairman and Chief Executive Officer Barry Meyer noted

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Qatar Insurance Services acquires London based RI3K, a privately-held web-based insurance and reinsurance trading platform

Comments Off | 11-10-2010

Qatar Insurance Services said it has acquired Reinsurance and Insurance for the 3rd Millennium (R13K), a London based privately held web-based insurance and reinsurance trading platform. Qatar Insurance Services is a Qatar Financial Centre (QFC) based owner of Qatarlyst, and expects the investment to accelerate the development of the QFC as one of the foremost

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Posted in FDI news UK, General, Insurance sector UK | Read More

Borealis Infrastructure and Ontario Teachers’ Pension Plan jointly bid for Britain’s HS1

Comments Off | 11-9-2010

OMERS Worldwide infrastructure arm Borealis Infrastructure, or Borealis and Canada’s Ontario Teachers’ Pension Plan went into a joint purchase bid for Britain’s High Speed 1 (HS1) project. The two firms stated they had agreed on a binding contract for the purchase of High Speed 1, Britain’s only high speed rail link to the Channel Tunnel.

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Rupert Murdoch’s News Corp in a stormy battle for full control of BSkyB

Comments Off | 11-8-2010

News Corp. owned and controlled by media mogul Rupert Murdoch has launched a stormy battle for a 100 per cent of the UK’s satellite TV and news provider BSkyB. The TV firm is one of the most TV and news outlet firm in the UK and is partly owned by News Corp. Murdoch’s bid to

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