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Wednesday 19 October 2011

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Insider News - Midlands Edition
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Top story

West Mids M&A market is "cause for concern"

West Midlands dealmakers have expressed their concerns over the region's ensuing M&A market. Speaking to Insider, LDC's managing director Martin Draper admitted the firm was "worried" about the future of mid-market deals, while Clearwater Corporate Finance's Phil Burns admitted there was "a real concern" about the health of the stock market.   READ MORE...

 
Deals

Celsa Steel agrees £55m refinancing package

The Birmingham operation of Celsa Steel Service UK is set to benefit from a £55m refinancing deal with Burdale Financial and RBS Invoice Finance.   Read More...

Growth in the pipeline for UKDN merger

Solihull-headquartered UK Drainage Network (UKDN) has merged with Waterflow Holdings, creating a £50m-turnover business.   Read More...

Amin's heats up with investment

A new Asian restaurant has opened in Worcester after its owner secured a £265,000 loan from Lloyds TSB Commercial.   Read More...

Arena gives Reuben brothers more time

Arena Leisure, which operates Wolverhampton and Worcester racecourses, has extended the deadline for billionaire suitors the Reuben brothers to show their hand.   Read More...

 
Property

Olympic torch to fire up in Coventry

The company behind the London 2012 Olympic torch is set to develop the product at a mystery location in Coventry.   Read More...

 
Business

Net debt rises to £696m at GKN

Acquisition costs have increased engineering giant GKN's net debt to £696m - a £522m hike on its 2010 figure, the company revealed this morning.   Read More...

Pottery museum company to be wound up

A Stoke-on-Trent pottery museum has been placed into creditors' voluntary liquidation.   Read More...

Manganese Bronze hikes up overseas sales

International revenue has continued to drive Coventry-based Manganese Bronze Holdings in the wake of poor UK sales. The black taxi manufacturer said international sales in its latest quarter were up 178 per cent.   Read More...

IFB director general joins Insider breakfast panel

Grant Gordon, the director general of the Institute for Family Businesses, has been revealed as the final panelist at this Friday’s (21 October) Insider Family Business Breakfast at Malmaison in Birmingham, and there is still time to book your place.   Read More...

 

Insider Features

Talking Point: More change needed to help women onto boards

Talking Point: More change needed to help women onto boards
Heather Jackson, the founder of the Women's Business Forum, says three simple measures should be introduced to support women into senior business positions.

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