June 19th headlines

• Cerberus private equity firm pays £1 for Focus DIY

• Acteon buys US project management consultancy Pacific Management Technologies

• UK tool hire company HSS is sold by 3i to investment vehicle Aurigo

• New Zealand's Rank Group buys Blue Ridge Paper Products for £171 million

• Bearings manufacturer BNL UK has acquired Cobb Slater for an undisclosed amount

• Braveheart Investment Group invests £250,000 in PSI Electronics

• Aberdeen Asset Managers Private Equity invests £8.85 million for a minority stake in Alder and Allan

• UK lender Hitachi Capital is set to return to Japanese parent Hitachi Capital Corp for £113 million

• Cadbury bids £56 million for Japanese sweet maker Sansei Foods

• Newcastle United Football Club in £134 million buy-out by St James Holdings