A subsidiary of AXA Investment Managers said Tuesday it has acquired a 40% stake in FiberPass, a wholesale network operator, from Vodafone Spain and Telefónica España, as the global investor continues to expand its digital infrastructure portfolio.
A subsidiary of AXA Investment Managers said Tuesday it has acquired a 40% stake in FiberPass, a wholesale network operator, from Vodafone Spain and Telefónica España, as the global investor continues to expand its digital infrastructure portfolio.
British engineering company IMI said Monday that it has agreed to sell its valves- and actuators-making business Truflo Marine to private equity-backed U.S. firm Fairbanks Morse Defense for £225 million ($295 million) in a deal guided by Addleshaw Goddard LLP.
Cancer diagnostics company Cellbxhealth said Tuesday that it has raised approximately £6.8 million ($8.9 million) in an oversubscribed sale of new shares in a move to stabilize its finances as it becomes a more commercial business.
Middle-market private equity firm Bridgepoint Group, led by Cleary Gottlieb Steen & Hamilton LLP, on Tuesday revealed plans to take a majority stake in British digital asset assurance and technology solutions provider ht.digital, led by Dentons.
Business recovery firm Begbies Traynor Group PLC said Tuesday that its consultancy business Eddisons has acquired a property auctioneer in a deal worth up to £1 million ($1.3 million), boosting its footprint in southeast England.
GB Group said Tuesday that it will return £10 million ($13 million) more to investors by repurchasing shares, a move the identity-checks software company expects will further lower its share capital.
First Tin said Tuesday it has conditionally raised £6.3 million ($8.3 million) through a share sale that will help fund its projects in Australia and Germany.
