Chrysalis Books, a subsidiary of the Chrysalis Group, announces unconditional recommended takeover of AIM-listed C&B Publishing at 20 pence per share. Chrysalis Books advised by Harbottle & Lewis (Mark Bertram). C&B Publishing advised by McGrigor Donald.
The shareholders of English & Pockett sell their majority stake to the Interpublic Group of Companies. English & Pockett advised by Davenport Lyons (Alon Domb). Interpublic advised by Lovells.
Manpower Software in rights issue to raise approximately £2.26m after expenses in order to repay borrowings and exploit product demand. Manpower Software advised by Gouldens (Max Thorneycroft, Simon Allport).