Toumaz Limited has agreed to acquire Frontier Silicon Limited, a leading supplier of semiconductor, module and software solutions for digital radio and connected audio systems, for a maximum consideration of up to £32.3 million ($50.3 million). The group also announces the conditional placing of 285.6 million new ordinary shares at a placing price of 10.25 pence, raising £29.25 million ($45.6 million) before expenses. The placing shares have been placed at a premium by finnCap with both new a...