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Top story
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Holyhead wins biggest Finance Wales debt package
Holyhead Boatyard, the marine services company, has secured a £2.7m debt investment, the largest ever provided by Finance Wales. The Anglesey company will use the investment to win work in the oil and offshore renewable power sectors.
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Deals
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High profile investors back Cyden
CyDen, a Swansea company which uses light for beauty treatment, has won a £15m funding package to invest in product development and marketing. The investors include Richard Koch, founder of Betfair, and Sir Nigel Rudd, chairman of the UK government’s Business Growth Fund.
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Anglesey's Canadian stake cut in £70m financing
Anglesey Mining's shareholding in its associate Labrador Iron Mines Holdings has been diluted after the Canadian business raised £70m in an equity financing.
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Companies
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Amerisur back in black
Amerisur, the Cardiff-based oil and gas company which focuses on Latin America, has moved into the black after posting pre-tax profit of £2.3m for the nine months to 31 December 2010.
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Chamber sees "encouraging" growth
Businesses have experienced an "encouraging" quarter of growth, according to the South Wales Chamber of Commerce’s latest Quarterly Economic Survey.
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Business
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Top 300 Companies offer - ends soon...
You have just until the end of the week to take advantage of Insider's 10% discount off the brand new Wales Top 300 Companies 2011 database (released at the end of the month) - our accurate and comprehensive business marketing list, providing you with the strongest contacts for the region’s biggest companies. Pre-order now to receive the discount or request a free sample (offer expires 31st May).
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Property and construction
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SPP buys 100,000 sq ft Newport unit
SPP Process Technology Systems UK, a manufacturer of equipment for the semiconductor industry, has acquired a 102,785 sq ft unit in Ringland Way, Newport, from Aviva Investors.
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Election
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Plaid pledges bridge toll cuts and infrastructure fund
Plaid Cymru has kicked off its campaign for the 5 May Assembly elections with a pledge to cut Severn Bridge Tolls and create a £500m Build for Wales fund to invest in infrastructure.
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Conservative Party promises rates exemptions and toll freeze
Welsh Conservatives say they would scrap business rates for all small businesses and freeze Severn Bridge tolls for cars if elected in May.
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