Rolls-Royce to offload AirTanker stake in £1 89m deal

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Today's South East business news from Insider |

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South East

Monday 13 September 2021

LATEST NEWS

TOP STORY

Rolls-Royce to offload AirTanker stake in £189m deal

Rolls-Royce has agreed to sell its shareholding in Oxfordshire-based aviation services provider AirTanker Holdings - a joint venture between Airbus, Babcock, and Thales - for cash proceeds of £189m.
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INSIDER FEATURE

Ask the expert: The desire to acquire

Josh Thorneycroft, director of business development at Arbuthnot Commercial Asset Based Lending (ACABL), looks at how businesses in the South East region are succeeding in sparking a ‘Buy-and-Build’ revolution.
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DEALS

Eco-friendly e-commerce platform eyes £150k fundraise

A Leatherhead business which has developed an online marketplace for sustainable brands is seeking to raise £150,000 on crowdfunding platform Seedrs.
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True Potential secures Cinven investment

International private equity firm Cinven has agreed make a majority investment in True Potential, one of the fastest growing and most innovative financial services groups in the UK.
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INSIDER FEATURE

Ask the expert: How confident are you in the prospects for the economy, for your business and expansion plans?

Dave Pepper, group chair at Vistage, says at times like these, when Brexit and Covid-19 have combined to impact on the nation’s SMEs in a variety of different ways, this insight continues to attract a great deal of interest - and demonstrates that it’s not all doom and gloom.
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Business Matters: The hidden international tax costs of Brexit and Covid-19

Rachel Parker, tax partner at Grant Thornton UK LLP, explains how the disruptive factors that have affected businesses since early last year could have significant tax implications and outlines several key considerations that business leaders need to be aware of.
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PROPERTY

Frasers details net zero roadmap

Business park owner Frasers Property UK has unveiled its net zero carbon roadmap for three of its sites.
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Green light for Bromley care home

Retirement living specialist Savista Developments has secured planning approval for a new facility in Bromley.
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Pluto to accelerate housebuilder lending after USS backing

Specialist property investor Pluto Finance is to accelerate lending to small and medium-sized housebuilders across the UK after securing "substantial" strategic investment from the Universities Superannuation Scheme (USS).
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BUSINESS

Turnover growth at kebab supplier

Turnover has climbed at a family-run kebab meat supplier based in Hampshire, newly filed accounts has revealed.
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Government backs renewable energy drive with £265m

The UK Government has announced the biggest-ever round of its flagship renewable energy scheme, backing it with £265m in a move that will aim to secure record extra renewable energy capacity.
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MANUFACTURING

Volution completes acquisition of heat exchanger cell manufacturer

Volution Group, a Crawley-based designer and manufacturer of energy efficient indoor air quality systems, has completed the acquisition of Energy Recovery Industries, a manufacturer and supplier of low-carbon, energy efficient heat exchanger cells.
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Pre-tax profit growth at Primula maker

Pre-tax profits have almost tripled at the manufacturer of squeezy cheese brand Primula.
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UPCOMING EVENTS

25 Nov	Insider Made in the South East Awards 2021
8 Dec	Insider Thames Valley Dealmakers Awards 2021

SERVICES & GUIDES

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

The region's top places to hold events, conferences and meetings.
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Rolls-Royce to offload AirTanker stake in £1 89m deal

LATEST NEWS

UPCOMING EVENTS

SERVICES & GUIDES

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