Macquarie Bank’s £2.5bn purchase of National Grid’s phone mast and broadcast business is good news for IT consultancy Charteris.
Macquarie always employs Charteris to help to transfer and integrate the IT systems of its acquisitions. Charteris worked on the Wales and West gas distribution network that Macquarie bought from National Grid Transco for £1.2bn in August 2004. In that case a new company had to be created and back office systems installed so that Macquarie could take over the operation of the gas network.
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Business telecoms services provider Spiritel has won a contract with an international hotel chain and appointed FinnCap as its nominated adviser and broker.
Poor trading means that online retailer EBTM is running out of cash.
Akers Biosciences Inc is selling the intellectual property to its Free Radical Enzymatic Device for $3m.
Clean Air Power has signed an agreement to provide its technology for Volvo truck engines.
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