BBC Business News
- US economic growth slows to 2.4%
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says. - Strikes and ash extend BA losses
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud. - Northwest agrees to pay $38m fine
Northwest Airlines will plead guilty and pay a $38m fine for fixing air-cargo prices, the US justice department says.
The McKinsey Quarterly
- A better way to automate service operations
As service operations use IT to become more efficient across all processes and workflows, they will need to align th.. - Applying global trends: A look at China's auto industry
Strategists can challenge conventional wisdom and better prepare for uncertainty by analyzing the complex and not-so.. - Putting a value on training
Training programs generate greater value for organizations when the curricula reflect key business performance metri..
PE Hub
- Nolan Ryan Re-Bids for Texas Rangers
(Reuters) - A group led by former all-star pitcher Nolan Ryan and a minor league baseball team owner made a new bid to buy the bankrupt Texa.. - Jet Broadband Completes Cable Sale
Jet Broadband Holdings, a portfolio company of MCG Capital, has completed the sale of its cable operations to Shentel Cable Co., a wholly-ow.. - Boston Power Boosts VC Round
Boston-Power Inc., a Westborough, Mass.-based developer of lithium-ion batteries, has expanded its Series E round from $60 million to $66.4 ..
Corporate finance news
Keep up to date with the latest corporate finance news from selected organisations on the left. News from AHV Associates is displayed below.
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Following advice provided by AHV, ICT Solutions provider Ipitomi has joined Evolution Voice and Data, Telinet and Pasporte in a move that further enhances the Group's ability to champion end-to-end ICT solutions in the UK mid-market.
The acquisition was completed on December 18th 2008. AHV sourced the acquisition and assisted in the negotiations with the vendor in the execution of the transaction. AHV have now advised the Group on five acquisitions since 2005.
Backed by Investec and a group of private investors, the Group now has revenues in excess of £60m and is very well positioned for significant growth in the future.
Paul Cosgrave, Group CEO, said
"AHV was instrumental in the initiation and negotiation of this transaction and in ensuring that it remained on track in a very difficult M & A environment. There were multiple interested parties on both sides of the table and AHV's advice and assistance was invaluable in managing the transaction to completion. The Group has a long standing relationship with AHV and we look forward to extending it further in the future."
