UK Commercial Property Trust announced it had purchased St. George’s Retail Park, Leicester, from a fund managed by JP Morgan Asset Management. The transaction is pegged at 49.9 million pounds. UK Commercial Property Trust is managed by Ignis Real Estate.
St. George’s Retail Park is an Open A1 retail park (with food) prominently located within Leicester

US based HIG Capital LLC has bought the UK based mobile phone services provider Aircom International Group.  HIG buys the firm from its buyout owner Advent International Corp. The transaction was for an undisclosed amount.
In a statement regarding the investment, HIG said Barclays Plc and HSBC Holdings Plc provided a joint debt package to Aircom,

Teleca has acquired the UK’s SurfKitchen, effectively adding mobile internet solutions for operators to its wide portfolio. The UK investment further expands Teleca’s portfolio to include persuasive offerings for the mobile operator sector. Teleca believes customers will significantly benefit from the unique combination of SurfKitchen’s strong operator offering, combined with Teleca’s deep relations and skills

IGas Energy Friday revealed its plans for a new fundraising, ahead of the planned acquisition of Nexen Exploration UK. The raising will see IGas issue upwards of 27.5 million new shares. The shares will correspond to approximately 29.5 per cent of IGas existing share capital. Even though the details of the placing or number of

The London Stock Exchange Group Plc and TMX Group Inc, operator of the Toronto Stock Exchange, are to merge the two bourses. The move is expected to result in one of the largest stock markets globally, announced the firms Wednesday. The deal will be an all-share merger, with headquarters and listings in both the UK

In a bid to bolster its operations in the UK, HTC made two acquisitions in the UK. The firm said the two investments will bolster its content and services proposition. HTC is to acquire a 100 per cent stake in Saffron Media Group, which trades as Saffron Digital, for £30 million.
Saffron Digital is a global

Harbinger Capital Monday announced it will offload its shareholding in UK based satellite operator Inmarsat. Under its plans, Harbinger will sell its entire shareholding in Inmarsat. The US based firm is keen on focusing on the development of its 4G wireless broadband network across the US. Harbinger Capital is an Investment fund.
The stake sell will

Subsea Services has purchased geosciences consultancy Caledonian Geotech, as it moves to secure its future growth. The investment is in line with the firm’s strategic growth and investment plans. Subsea Services provides ROV and survey services to the international energy industry.
Subsea Services’ managing Director, Graeme Kidd, commented that with the ever expanding near shore engineering

Grainger plc has acquired 100 per cent of HI Tricomm Holdings Limited together with related subordinated loan notes and the settlement of other balances, announced the firm Friday. Grainger acquired HI Tricomm from Invista Castle Limited, a wholly-owned subsidiary of Invista Real Estate Investment Management Holdings plc, for a total consideration of £18.5 million.
Grainger plc

Raisio announced it has signed an agreement to acquire British Big Bear Group plc for enterprise value of €95.3 million. The acquisition supports Raisio’s growth strategy to become the leading provider of healthy snacks in Europe, stated the firm.
Raisio expects to gain a stronger foothold in the branded snack and breakfast markets in Great Britain