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PEI Staff

Seat Pagine has acquired the company and has taken on £150m of debt.
The company has improved its net asset value by $7m as a result of the sale.
The company reports a strategy of releasing value in its investment portfolio and returning capital to shareholders. The big question remaining is what happens to Electra next.
Euromedic will expand its activities in Central and Eastern Europe.
A final closing of the fund is expected to take place next year.
Surplex will use the capital to expand its asset recovery solutions in Europe.
The survey says that short-term revenue growth in the sector is very high but market perceptions of a huge and enduring excess of demand over supply are false.
La Caixa, AC Ventures and antfactory have formed a joint venture to invest in new economy business opportunities in Spain and Portugal.
The financing comes from both venture and private investors.
Buyer Tilbury Douglas is funding the acquistion by a rights issue that will cover both the purchase and the assumption of Building & Property’s circa. £10m net debt.

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