Fri, 09 Jul 2010 | BUSINESS NEWS
A new surge in mergers and acquisitions by US businesses is brewing. Many of them have been hoarding cash during the recession and are now looking to spend as the US economy recovers. As sterling has fallen 25 percent against the dollar in the last 2 years the UK is becoming very attractive to US investors.
High profile examples are the takeover of Cadbury's by Kraft, and the refinery operations of Tate and Lyle which are being bought by American Sugar Refining for a reported £211m.
According to figures released by Experian Corpfin, the corporate finance information firm, 10.6 percent of all UK businesses sold were bought by American firms, up from 6.4 per cent last year.
Offering marquee hire from small to large this business services mainly the events industry, its own smaller marquee competitors and occasional work directly with individuals. They can support parties and weddings through to corporate dinners, festiv...
LEASEHOLD
This contemporary, stylish 4 star hotel has 24 comfortable and individually-designed ensuite bedrooms, a modern bar and a recently refurbished restaurant with a great vantage point and some of the best seaside views in North Wales.
This is an attractive and strategically well-located hotel in the heart of Porthmadog and a stone’s throw from the junction of the A497.
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