Today's North East business news from Insider |
| Wednesday 9 December 2020 |
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Latest News | Dealmakers from Ryecroft Glenton Corporate Finance (RGCF) have advised on the management buy-in (MBI) of a Scottish port handling company, with the business now eyeing a potential strategic acquisition in the North East of England.
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Lee Humble, associate partner at MHA Tait Walker talks through the options for selling a business.
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A businessman has acquired a longstanding North Tyneside fishery from the national operator he sold his shareholding to three years ago.
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Commercial operations and engineering specialist Mike Styan has acquired Houghton-le-Spring-based KASL Precision Engineering.
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Northern Accelerator has made more than £500,000 worth of investments into university spin-out businesses in the health and biotech sectors from its £1.7m Seed Investment Fund.
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The Competition and Markets Authority (CMA) has launched an initial investigation into the proposed £6.8bn acquisition of Asda by a consortium including the owners of Euro Garages and private equity firm TDR Capital.
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Teesworks is one of the largest brownfield investment sites in Europe and also has the deepest berth. It was almost designed to fit the criteria of a physical Freeport and is anticipated to be one of the first to receive the designation. The North East LEP proposal will be very different , although potentially complimentary to the Teesworks proposal. Neil Warwick of international law firm DAC Beachcroft looks at the context and latest developments in the Government’s Freeport concept.
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Haines Watts has bolstered its presence in the North East after welcoming five new members to its team.
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Pre-tax profits increased to £60m at automotive components retailer Euro Car Parts while its turnover grew further past the £1bn mark during its most recent financial year.
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Ashdan Consulting, part of the Ashdan Group, has been hired to work on a £1m hospitality development in Northumberland.
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The first retailers have started trading at a new scheme in Northumberland.
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A fertiliser manufacturer is investing millions in a new hub at a North East port and has officially broken ground on the site.
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About 160 staff are set to transfer from industrial and property sector company Hargreaves Services to British Steel under a new agreement.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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| | The region's top places to hold events, conferences and meetings.
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