Takeover target Alterian's shares slipped 1.25p this morning to 79.75p – 0.25p below the indicative cash offer from SDL which the Bristol-based database marketing software company rejected yesterday. The £50m offer, worth 80p a share, values the shares at 27 times forecast earnings for the current year and 16 times for...
Five hundred low cost recycled computers have been handed out by the city council since its reuse scheme was launched at the start of the year. Just how effective they are proving to be will be demonstrated tomorrow when council leader Barbara Janke will meet one of the recipients. Malcolm Chappell, who is...
Bristol businesses are being asked to contribute to an action plan aimed at making the city’s local high streets vibrant and diverse places to visit. The City Council’s Sustainable Development and Transport Scrutiny Commission will make proposals once it has listened to the views of businesses and the public at a...
A new crop of graduates and interns have started work at accountants and business advisers Grant Thornton’s Bristol office. The joiners will be working across the full range of services at the firm, from audit and government audit to corporate and personal tax. Office managing partner John Golding, pictured...
Wallace & Gromit animators Aardman nearly trebled pre-tax profits from £703,000 to £1.9m in the year to December 2010, according to the latest accounts released by the Bristol-based company’s parent, Aardman Holdings. Turnover climbed from £31.8m to £53.5m with its TV commercial division enjoying the best sales for a decade. Aardman...
Alterian, the Bristol-based database marketing software group that crashed into the red earlier this year, has rejected the £50m takeover approach it received late on Friday. The all-cash, non-binding, indicative 80p per share offer came unexpectedly from FTSE-250 translation software firm SDL. It represented a 40% premium on Alterian’s closing price of...
The government has been urged to do more to help the UK’s ‘forgotten army’ of medium-sized businesses. The plea has come from the CBI, which today said new measures should be brought in to improve access to finance, especially in the bond markets. Businesses turning over between £10m and...
Law firm VWV has received two prestigious industry awards in the space of two weeks. The Bristol-based firm, formerly called Veale Wasbrough Vizards, was crowned Specialist Team of the Year at the 360 Legal Group awards for its leading role in the education sector and was also named Regional...
SEGRO, which claims to be Europe's leading provider of flexible business space with a £5.3bn property portfolio of mainly industrial and warehouse assets, has seen a refurbishment programme pay off at the Beeches Industrial Estate, Yate. Bakers Greggs have taken a unit from which they will be able to...
Agents CJH Land, who specialise in the sale and acquisition of development land, have passed what they consider to be a significant milestone in the current economic climate by brokering transactions on land and property worth more than £110m during the past two years. The Flax Bourton company, which...
Fresh turbulence has hit the troubled Airbus A400M turboprop military transporter with reports that Germany is looking to scale back its orders for the aircraft whose lightweight carbon fibre-reinforced plastic wings were designed and are being made by Airbus in Filton. Seven European countries – Belgium, France, Germany, Luxembourg,...
Wallace & Gromit animator Nick Park will be producing live sketches before an invited audience on Monday at Bristol’s Bordeaux Quay restaurant to mark his decision to become patron of Deki, the Bristol-based development charity. Deki, founded in 2008 by UWE graduate Vashti Richards, enables people to help entrepreneurs...
Eastern Airways, the regional airline which operates flights from Bristol Airport, has been named the Best Passenger Charter Airline at a prestigious industry awards ceremony in London. The UK’s second-largest regional airline achieved the air charter industry’s most-coveted accolade at the Baltic Air Charter Association Excellence Awards yesterday at...
