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International PPL joining forces with government in fibre rollout
Infrastructure investment company International Public Partnerships announced on Monday that it had committed jointly with HM Government to make an investment in digital infrastructure - particularly fibre optic broadband connections.
Severn Trent offloads North American business
Severn Trent has sold its North American business for $62m (£48m) as it looks to focus on its core UK activities.
IP Group upbeat on Creavo fundraising
Intellectual property-based business IP Group noted on Monday that its portfolio company, Creavo Medical Technologies, had completed a fundraising of £13. 4m.
Auto Trader CFO Sean Glithero to step down
FTSE 250 digital automotive marketplace Auto Trader said on Monday that chief financial officer Sean Glithero is planning to step down and take a new role at Funding Circle.
Sky puts $2m into connected device startup, AstraZeneca completes two major transactions
London open.
Greencoat buys Bishopthorpe Wind Farm for £47m
Greencoat UK Wind has acquired Bishopthorpe Wind Farm near Grimsby in Lincolnshire from BayWa r. e. for £47m.
AstraZeneca adds nearly $0.5bn to books as two deals go through
AstraZeneca confirmed the completion of two major transactions on Monday, bringing in almost half a billion dollars for the drugmaker in the current financial year.
Sky makes $2m investment in technology company Circle Media Labs
Broadcaster Sky has made a $2m equity investment in early-stage technology company Circle Media Labs, which specialises in connected devices.
London pre-open: Stocks seen higher after upbeat China data
Stocks in London were set to open higher on Monday following some upbeat data out of China.
Monday newspaper round-up: Austerity, bonds, Brexit, Inmarsat
A cabinet split emerged last night after Michael Gove claimed taxes should not have to rise to pay for an end to austerity despite the Chancellor's warning that ordinary working people will foot bill. Faced with increasing calls to end the public sector pay cap and put more money into schools and hospitals Philip Hammond has cautioned that money will have to be raised to pay for the extra spending. - Telegraph.