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£750m raised by Yorkshire Building Society

Yorkshire Building Society has raised £750m by selling covered sterling bonds. Tanya Jackson, the society's corporate affairs manager, told Insider this morning that the bond issue was "so popular with investors it was oversubscribed" and the funds will help finance its activities in the mortgage market.

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Deals

Placing nets £1.76m for 600 Group

Engineering company the 600 Group has raised approximately £1.76m through a share placing. The Heckmondwike-based business said the proceeds will be used to increase capacity following the acquisition of its new production facility in Poland.

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Mid-market M&As fall below 2010 in number but not in value

The number of mergers and acquisitions (M&A) involving British mid-market targets is below the level of a year ago. But average deal values have remained high, according to research carried out by Grant Thornton.

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Leeds advisers act on job-saving deal

Advisers from Deloitte and Walker Morris in Leeds have advised on the sale of North East solar panel manufacturer Romag Holdings to Sunderland-based social housing business Gentoo.

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Business

Verity hails positive meeting with Hunt

Welcome to Yorkshire chief executive Gary Verity has told Insider that a positive meeting with culture secretary Jeremy Hunt has demonstrated the government's commitment to Yorkshire tourism.

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Humber businesses wary of rising costs - QES

The soaring costs of raw materials and overheads are causing businesses increasing concern, according to a report by the Hull & Humber Chamber of Commerce.

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WYG wins Belfast work

Leeds-based consultancy WYG has won a contract to co-ordinate construction design management on a new £750,000 project in Belfast.

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New partner at Beachcroft

Law firm Beachcroft has appointed Paul Davison as a partner at its Leeds professional and financial risk group.

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Would you like more sales leads?

Insider’s brand new Yorkshire Top 500 Companies 2011 database is our comprehensive business marketing list, providing you with contacts for the region’s biggest companies. Pre-order now and receive a 10 per cent discount or request a free sample now (offer expires 29th July).

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Property

Jones Lang LaSalle to manage Tokenspire

LaSalle Investment Management has appointed Jones Lang LaSalle to manage Tokenspire Business Park in Beverley, East Yorkshire.

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DTZ hails record performance

DTZ’s industrial and logistics team in Yorkshire has reported a record-breaking deal performance during the last nine months. More than two million sq ft has been transacted by the team, including the letting of 667,000 sq ft at Sherburn Distribution Park to Debenhams.

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Community

In Focus: Broken 'arts

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Insider editor Richard Abbott argues that arts funding cuts could have a damaging legacy…

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Boost your client base – Request a free Insider Membership Pack

Image Description HereOur Insider Membership Club offers fantastic benefits for anyone doing business in the UK regions. Valuable sales leads, vital information, networking opportunities, competitor analysis and much, much more. We give you what you cannot afford not to know. Request your free Membership pack now.

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