News for Mergers & Acquisitions
Monday, May 13, 2013
UK Coal looks at nationalisation
Britain’s largest coal mining businesses UK Coal may return to public ownership as ministers discuss a plan designed to support the company’s struggling pension scheme.
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Tuesday, April 16, 2013
Centrica and Qatar Buy Canadian Gas Field equiv. to 15 Billion Barrels of Oil
Centrica plc and Qatar Petroleum International (QPI) have agreed to acquire jointly a package of producing conventional natural gas and crude oil assets and associated infrastructure located in the Western Canadian Sedimentary Basin from Suncor Energy for £650 million, cash.
The assets are located principally in South and Central Alberta where they overlap with existing Centrica assets, providing the opportunity for cost savings in production and development, and in North East British Columbia. The package also includes over 1 million acres of undeveloped land and there is significant potential for reserves and production upside through the use of horizontal drilling and multi-stage fracturing.
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Tuesday, March 26, 2013
UK Border Agency closed down
The UK Border Agency (UKBA) is to be closed down after continued poor performance, with its role being taken back by the Home Office.
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Oracle to acquire mobile service provider Tekelec
Tekelec which delivers services including network signalling, mobile data management and mobile subscription services, has been purchased by Oracle.
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Thursday, March 21, 2013
Onshore the name of the game as pot noodle owners returns to UK
Leeds based food giant Symington’s, which owns pot noodle brand Golden Wonder has moved to onshore production of the noddle brand back to the UK having moved production to China.
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Monday, March 18, 2013
Sitel recognised for outsourcing expertise in awards shortlist
Sitel has been recognised for innovation with its UK branch being shortlisted for 3 awards in the European Outsourcing Awards 2013.
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Government reveals plans for centralised procurement registration service
A move by the government to develop a centralised procurement registration system has been revealed by Cabinet Office minister Francis Maude.
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Wednesday, March 13, 2013
Asda in talks with HMV administrators over buyout
Supermarket retailer Asda is in talks surrounding the possible takeover of high-street entertainment retailer HMV.
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Tuesday, March 12, 2013
UK regulators investigate HP’s acquisition of Autonomy
The UK’s Financial Reporting Council (FRC) has moved to investigate the acquisition of Autonomy by HP, following U.S. investigations.
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Thursday, March 07, 2013
National Business Awards teams up with the NOA to find UK’s best Business Enabler
The National Business Awards (NBA) has teamed up with the NOA (National Outsourcing Association) to support the 2013 campaign to find and celebrate the UK’s best Business Enablers at the twelfth annual NBA ceremony to take place in November.
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