Cryptolocker thieves are taking advantage of the $1,000 surge of the Bitcoin value by spreading malware that threatens to encrypt computer data and collecting anonymous Bitcoin ransom from unwitting victims.
Tags: UK
New fund aiming to back businesses run by UK veterans
Venture capital trust Time:Reboot VCT plans to raise around GBP20 million by the end of April 2014 to invest exclusively in firms run by UK military veterans.
PensionDanmark to invest GBP153 million in UK wind farms
Denmark-based pension fund PensionDanmark is set to invest GBP153 million in six onshore wind farms of Falck Renewables, in a deal that will give the Danish firm a 49% stake in the energy sites in Wales and Scotland.
Britain to sell Eurostar stake under GBP10 billion privatization program
A new GBP10 billion privatization program will see Britain's 40% stake in cross-channel rail operator Eurostar sold off to help pay down UK's debts.
Largest insurers in UK to pour GBP 25B in infrastructure
A Bloomberg report said the largest insurance firms in the UK will be pouring about GBP 25 billion or USD 41 billion in the country's infrastructure in the next five years.
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The Malaysian consortium made up of Sime Darby Property, SP Setia Bhd and the Employees Provident Fund, have secured GBP790 million in syndicated funding to acquire the Battersea Power Station in the United Kingdom.
UK equity-based crowdfunding platform Seedrs announced that it is crowd-raising GBP500,000 using its own site to reach out to European investors and startups outside of the UK.
London-based pharmaceutical giant Glaxo SmithKline (GSK) completed the sale of its 28.2 million shares in Aspen Pharmacare at ZAR250 per share, raising a total of USD694 million in proceeds.
Britain-based advertising group WPP denied a report from The Daily Mail's that the company is planning a takeover bid for US-based marketing group Interpublic (IPG).
Coupon website LivingSocial offered a 25% discount on selected deals for its US and Canadian clients following a rare 40-hour outage that crippled its website, apps, and merchant center.
UK-based pet retailer Pets at Home will be put up for an initial public offering by American multinational private equity firm KKR & Co LP. Said listing would be worth GBP1.5 billion.
Foresight Solar Fund bought Wymeswold Solar Plant located in Leicestershire for GBP43.7 million in a deal financed from initial public offering (IPO) proceeds raised in October.
KPMG launched its new USD100 million investment fund, London-based KPMG Capital, which would help identify and develop big data analytics firms all over the world.
Law firm Slater & Gordon Ltd said it would make more acquisitions in the UK using funds raised through share sale this year.
