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Simply Biz Plc

Tue, 22 May 2012 08:47:09 +0100

Mortgage and insurance expansion - head of business development appointed
SimplyBiz has appointed Makayla Everitt to the newly-created role of head of business development for its mortgages business. The company is expanding its mortgage and general insurance services, with new initiatives planned in 2012. 2010 turnover £12m, 142 employees.

Neptune Investment Management Limited

Mon, 21 May 2012 08:33:16 +0100

Sales team restructured - head of strategic partners appointed
Neptune has continued to strengthen its sales team with the appointment of Andy Larkin as head of strategic partners. The firm has reviewed its UK retail sales team and appointed Adam Hughes as head of UK wholesale. The restructuring is expected to provide a better service for clients across the UK. 2010 turnover £80.9m, 92 employees.

Terra Firma Capital Partners Limited

Fri, 18 May 2012 10:32:13 +0100

Natural gas supplier company sold for 19m
Private equity owner Terra Firma is selling Belfast headquartered Phoenix Supply, the largest natural gas supplier in Northern Ireland, to energy giant SSE Plc for 19.1m. The company has 130,000 customers. SSE has agreed a deal through its wholly-owned subsidiary Airtricity Energy Supply (Northern Ireland) to buy the entire issued share capital in Phoenix Supply and to purchase Phoenix Energy, which supplies gas in the Republics deregulated commercial supply market.

JP Morgan Plc

Fri, 18 May 2012 08:04:55 +0100

£1.2bn trading loss - Chief investment office manager retiring
JP Morgans has made a £1.2bn trading loss for the year to December 2011. Chief investment office boss Ina Drew has taken early retirement. she has offered to resign on several occasions after the office made huge losses. Jamie Dimon is the chief executive.

Permira Advisers LLP

Thu, 17 May 2012 08:35:05 +0100

£2.5bn takeover bid - UK frozen food producer for sale
Surrey based British brand Birds Eye, owned by current private equity business Permira, has been the subject of a £2.5bn takeover bid by Thailands Charoen Pokphand Foods ,which has offices in Worcestershire and a factory in Newmarket, Suffolk. Rival offers have been made by private equity giants Blackstone and BC Partners. The bids are as a result of Birds Eye being put up for sale in March 2012.

BLUE PLANET INVESTMENT MANAGEMENT LTD.

Wed, 16 May 2012 17:00:02 +0100

Merger of three companies agreed
The Board of Blue Planet Investment Management and shareholders of G&I, Blue Planet International Financials Investment Trust plc and Blue Planet Worldwide Financials Investment Trust plc have voted in favour of the merger of the companies with over 98% of the votes cast at the first general meetings of the three companies approving the merger. place on 19 April 2012, being in favour of it.

Charterhouse Capital Limited

Wed, 16 May 2012 08:53:59 +0100

1.5bn sale of group cancelled - Chief Executive resigns
Peter Cohen, Chief Executive of Wales based PHS, which is owned by private equity firm Charterhouse, has left the business. Charterhouse have been working with investment bankers from Goldman Sachs with a view to selling the company for 1.5bn. This sales process has been cancelled.

Legal & General Group PLC

Tue, 15 May 2012 09:00:03 +0100

Group Chief Executive Appointed - CFO Sought - £371bn Invested
Legal & General Group Plc have appointed Nigel Wilson as Group Chief Executive, successor to Tim Breedon. The company has invested £571bn worldwide and has over 7m customers.

Cenkos Securities Plc

Mon, 14 May 2012 14:00:03 +0100

Two new Directors appointed - Director of Board reelected - Auditors appointed
London based Cenkos Securities Plc, an independent specialist securities firm, has appointed Jim Durkin and Gerry Aheme as Directors of the Company following the companys Annual General Meeting in May 2012. Jeff Hewitt has also been re-elected as Director of the Company. The company has also appointed Ernst & Young LLP as auditors to the Company. Stephen Doherty is Company Secretary.

Cenkos Securities Plc

Mon, 14 May 2012 14:00:02 +0100

Business sells subsidiary for £4m - £2.6m profit on sale - £262m raised for clients
London based Cenkos Securities Plc, an independent specialist securities firm, raised over £262 million for its clients. The company has disposed of 80% of its holding in Cenkos Channel Islands Limited, the Group's offshore fund and wealth management subsidiary, for £4 million in cash making a profit on the sale of £2.6 million. Jim Durkin is Chief Executive Officer.