Other Done Deals
Fleming Family & Partners has taken a 25 per cent stake in oil and gas software services company Ikon Science, making it the largest shareholder. The deal was reported to value Ikon at under £50 million
Xchanging has agreed to buy 75 per cent of India’s outsourcing and IT group Cambridge Solutions for £83 million in cash and shares
UK-based Grass Roots Group has acquired 90 per cent of Mumbai-based merchandise and corporate gift supplier Tajonline India Pvt
Singapore-based transport giant ComfortDelGro has bought the largest taxi booking service in Liverpool. It bought Merseyside Radio Meter Cabs for £800,000
Qatar Investment Authority has bought a 20 per cent stake in Elliott Bernerd and Sir Stuart Lipton’s Chelsfield Partners for £80 million, as part of a push into the UK’s development and investment markets
Matrix Private Equity Partners has taken a significant minority stake in Metropress, publisher of the Antiques Trade Gazette. The terms of the deal were undisclosed
Kofax plc, a provider of Intelligent Capture & Exchange services, has acquired the shares of OptiInvoice Digital Technology AB, a Scandinavian company that develops and markets electronic invoice processing software. The terms of the deal were undisclosed
The Australian unit of H.J. Heinz Co will buy food producer Golden Circle in a deal valuing the canned fruit and juice producer at about A$288 million (£121.6 million)
WS Atkins plc, Europe’s largest design and engineering consultancy, has acquired MG Bennett & Associates, a multidisciplinary engineering design company, from its founder shareholders for a cash consideration of £2.5 million
Publishing giant Bloomsbury has paid £2 million initially for Oxford-based Berg Publishers. Another £1 million could be paid if Berg gains enough subscribers in 2014 and 2015 for its online service Berg Fashion Library, a database of fashion to be launched in 2010
RiskMetrics Group, a provider of risk and corporate governance services, has acquired Applied4 Technology, a firm known for its expertise in performance attribution. The terms of the deal were undisclosed
Alcan Global PharmaceuticalPackaging, a division of Alcan Packaging, a business unit of UK mining group Rio Tinto Alcan, has acquired the Chakan flexible packaging plant from Associated CapsulesPrivate in India for undisclosed terms
Deals in the pipeline
Plans by Ireland’s Elan Corp to sell its drug delivery unit in an auction have been delayed by the credit crisis, but discussions are ongoing
