Boohoo completes £3.3m PrettyLittleThing deal

Manchester-based online fashion retailer boohoo.com plc said it completed the acquisition of 66% of 21 Three Clothing Company Ltd — known as PrettyLittleThing — for £3.3 million in cash….




BAE Systems surpasses 2,000 apprentices

BAE Systems said its need for a continuous supply of skilled employees — in particular for submarine programmes at Barrow-in-Furness, Cumbria — has led to the company currently training a…


Duffy to leave Entrepreneurial Spark

Jim Duffy, co-founder of business incubator network Entrepreneurial Spark, announced he will leave the company in the summer of 2017. Duffy said Entrepreneurial Spark will…


£7.2m digital business growth fund launched

The Derby Derbyshire Nottingham Nottinghamshire (D2N2) Local Enterprise Partnership (LEP) will launch a £7.2 million fund in January aimed at helping 850 small and medium-sized enterprises…


Daisy seals £184m Alternative Networks deal

Nelson, Lancashire-based IT infrastructure and communications firm Daisy Group said it completed its acquisition of rival firm Alternative Networks plc. Daisy Group said the deal values Alternative Networks…



Russell Group universities seek new boss

The Russell Group of 24 leading UK universities — which includes Manchester, Newcastle, Durham, Liverpool, Sheffield, Nottingham, York and Leeds — is looking for a new director…



Boohoo offers to buy Nasty Gal assets for $20m

Manchester-based online fashion retailer boohoo.com plc said it has made an offer to acquire “certain intellectual property assets” from US retailer Nasty Gal Inc for $20…


Sports Direct to sell $137m Dunlop brand

Sports Direct International said it agreed sell its rights to the Dunlop brand and related wholesale and licensing businesses to Sumitomo Rubber Industries (SRI) for $137.5 million in…


Tritax in £102m Howden warehouse investment

Tritax Big Box REIT, a real estate investment trust, said it exchanged contracts — conditional on receiving planning consent — to provide forward funding for two large distribution warehouses at Warth…



Dart Group to buy $384m Boeing planes

Leeds-based Dart Group, owner of Jet2.com and Jet2holidays, said it agreed to buy a further four new Boeing 737-800NG aircraft in addition to the acquisition of 30 aircraft announced in…



Onex to buy Parkdean Resorts for £1.35bn

Canadian private equity firm Onex Corporation agreed to acquire Newcastle and Hemel Hempstead-based caravan holiday park operator Parkdean Resorts for £1.35 billion from Epiris, another…


Glencore chooses Teesport for northern hub

PD Ports agreed a three-year deal with soya bean and oilseed rape crusher Glencore Agriculture UK to use Teesport as its northern distribution hub. Glencore’s new…



Deutsche, Credit Suisse In $12bn Settlements

Deutsche Bank said it reached a settlement in principle with the US Department of Justice (DoJ) regarding civil claims in connection with the bank’s issuance and underwriting…



Alstom to buy Newcastle’s Nomad Digital

French transport giant Alstom has signed an agreement for the acquisition of Newcastle-based train wi-fi pioneer Nomad Digital from Amadeus Capital Partners, SEB Venture Capital and Deutsche…