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Business Breakfast LIVE: Tekmar acquires Subsea Innovation to reunite offshore firms in £4m deal

August 21, 2018 by www.chroniclelive.co.uk Leave a Comment

Good morning and welcome to the Business Breakfast live blog for Tuesday, August 21. I’m Coreena Ford and I’m running the blog today. The business team’s live blog brings you all the breaking news from across the North East, the UK and beyond – basically anything and everything from the world of business. This morning’s blog starts with a key acquisition that reunites two firms that went their separate ways seven years ago. Newton Aycliffe company Tekmar has announced it has snapped up Darlington business Subsea Innovation in a £4m deal, just over two months after it floated on the AIM. And we have news from Persimmon and Game, a large chunk of which is owned by Newcastle United owner Mike Ashley. I’ll also include some reminders of stories you may have missed. Don’t forget to join our ChronicleLive business group on Facebook so you can get the latest news from our business team. And if you’d like to contribute tweet at @jnlbusiness to share your opinions, drop me a line at [email protected] or tweet me at @Scoopford or call on 0191 2016331. Key Events Flagship investor for £400m manufacturing hub set to be unveiled by developers 09:16 Hundreds of… Read full this story

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