French oil giant Total SA buys Synenco Energy

The French oil company Total SA has completed its acquisition of Synenco Energy, a Canadian oil sands developer, for $506 million (£259 million). Read on for more deal headlines.

Other done deals

  • Preston-based Can Media Group has acquired Community Communication Network from administrator Tenon Corporate Recovery for an undisclosed sum
  • Mixed-use development Spectrum Park in Leeds has been sold to developer Rushbond in a £4.5 million deal. The deal brings the company’s regional investments to more than £50 million
  • Dubai-based property developer Nakheel and investment company Isithmar World Capital, have bought a 20 per cent stake in circus troupe Cirque du Soleil
  • Chartered accountant Dains has completed the management buy out of Jigsaw Foods, a supplier of sauces, dressings and marinades to the food service sector. The sum was undisclosed
  • Bar and restaurant group Food and Drink has sold its portfolio of 17 bars after failing to secure funding for a sum that is not expected to result in any return for shareholders
  • The Television Consultancy, a broadcast and digital PR company has been bought out by ISIS Equity Partners in a deal worth £10 million

Deals in the pipeline

  • Hello Telecom has announced the acquisition of an as yet unnamed London-based telecoms firm. The deal is expected to complete at the end of September
  • Coca-Cola Hellenic Bottling Company has announced it has reached an agreement to acquire Scib, the second largest Coca-Cola franchise bottler in Italy for 270 million (£214 million)

Related Topics

Venture capital funding