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North East
Insider News
Tuesday 11 January 2022

LATEST NEWS

 

TOP STORY

A Billingham-based pharmaceutical manufacturer, which unveiled a multimillion-pound investment into its plant in 2021, has reported a 'strong' financial position following an increase in sales-driven development in its sectors.
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INSIDER FEATURE

Steve Plaskitt, head of corporate finance at MHA Tait Walker, looks ahead to growth and changes in the deal market in 2022, the hot sectors and the implications for deals.
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DEALS

Sports betting and gaming company Flutter Entertainment has completed the acquisition of online bingo operator Tombola in a deal with an enterprise value of £402m.
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There were a record number of IPOs in 2021, raising total funds of £16.3bn according to EY's latest market tracker IPO Eye, with the main market raising £125.8m across the North.
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The holiday rental platform behind the holidaycottages.co.uk brand has been acquired by its management team in a deal backed by private equity firm ICG.
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PROPERTY

Plans to transform and 'improve the vitality' of a Middlesbrough shopping centre with a new bowling alley, indoor golf and electric go kart track look set to be green lit.
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Construction work has begun on a new £4.5m retail and leisure development in Northumberland which could create more than 100 jobs.
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The founder and managing director of Darlington-headquartered My Property Box has predicted that the housing market in the North East and North Yorkshire will remain buoyant, despite national growth forecasted to dip.
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BUSINESS

Newcastle-based Iksuda Therapeutics has agreed a deal with a Korean biopharmaceutical company which will expand its antibody drug conjugates pipeline.
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Wastefront has unveiled Technip Energies as its engineering, procurement and construction partner for the build of its £100m tyre recycling plant at the Port of Sunderland.
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A Northumberland-based company which produces bedding for the equine world is expanding its global reach following assistance from export specialists and contract wins with the Tokyo Olympic Games.
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A Newcastle-based proptech and auction expert has unveiled a partnership with international property agency eXp UK to offer services to the brands personal property agents.
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High street retailer Wilko has revealed plans to close 15 stores across the UK.
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MANUFACTURING

Luxury marque Rolls-Royce Motor Cars was buoyed by record sales in a "truly historic" 2021.
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OTHER NEWS

 

UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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