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Birmingham is set to house a new £24m hotel complex - the first privately funded property from the newly-founded Hotel La Tour group. The company's managing director, Jane Schofield, told Insider the company planned to open five more hotels in the same number of years and was looking at "every major city in the UK" as a potential investment. READ MORE...
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Forming an exit strategy
Simon Woolley, managing partner at EOS Law, explains why ensuring you have an exit strategy in place could make all the difference in your sale.
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Deals
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Serco Group, a service company which has operations in Birmingham, has bought Mumbai-based outsourcing company Intelenet for up to £385m. Read More...
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Birmingham venture capitalist Midven has signed a joint venture agreement with New Wave Ventures LLP to co-invest in opportunities based in the West Midlands. Read More...
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Insurance broker AMB Insurance Services has announced plans to relocate to Wolstanton after securing a finance package from NatWest Commercial Banking. Read More...
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More than half of chief financial officers (CFOs) of private equity-backed businesses don't expect their private equity investor to exit before 2013, according to a survey by Deloitte. Read More...
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Business
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Stoke and Staffordshire's LEP board has grown with the appointment of five new members. Read More...
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Nearly three-quarters of entrepreneurs in the West Midlands regard exporting to emerging economies as one of the UK's biggest opportunities. That's according to HSBC's Future of Business report, which was released this morning. Read More...
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Manufacturing output fell to its lowest level since September 2009, according to the latest Purchasing Managers' Index (PMI), as additional bank holidays and weak domestic conditions took their toll. Read More...
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Staffordshire University has secured a franchise agreement with its first academic partner in Austria. Read More...
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Finance Birmingham has appointed a new client relationship manager to boost business support activity. Read More...
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