Investment group Better Capital has completed the acquisition of specialist manufacturer CAV Aerospace for an undisclosed amount. The London-listed company said its BECAP12 Fund had committed an initial £40m to fund the transaction as well as to provide working capital and to invest in CAV's future
Read moreThe owners of collapsed parcel courier City Link have said they "very much regret" that staff were told of the company's entry into administration on Christmas Day, putting more than 2,700 jobs at risk. Better Capital, run by Jon Moulton - who attempted to rescue car maker MG Rover in 2000 - said in
Read moreJonathan Moulton, the chairman and founder of Better Capital, on Wednesday increased his stake in the close-ended investment company, offering a vote of confidence in the business's future. Moulton, who is also the non-executive chairman of broker FinnCap, bought 3.6m shares at 82.85p each. The £2.9
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