Acquisition Resources

Lehman Brothers, the US-based investment bank, is preparing to sell its shareholding in The Sanderson and St Martins Lane hotels. The two boutique hotels are valued at between £160m and £170m. Howeve... [more]

CPL Entertainment Group, the Scottish nightclub operator, has put two of its nightclubs up for sale in order to concentrate on expanding other venues in its portfolio.... [more]

Jurys Doyle Hotel Group, the Irish hotel operator taken private in 2005, could reportedly put Jurys Inn, its subsidiary of 20 three star hotels, up for sale after hiring Merrill Lynch to explore optio... [more]

Richard Balfour-Lynn, the property entrepreneur, has appointed Deutsche Bank to conduct a strategic review of his £3bn portfolio of hotels. Balfour-Lynn is reportedly in discussions with Royal Bank of... [more]

Flodrive, the UK-based property business of private investor Tony Khalastchi, has put a portfolio of 11 Scottish hotels up for sale with a combined asking price of over £30m. ... [more]

Whitbread is to sell its chain of 45 TGI Friday's restaurants to Carlson Restaurants, ABN Amro Capital and British Land for £70m, in order to focus on hotels and coffee shops.... [more]

Scottish & Newcastle is to sell its Courage beers business to Wells & Young's Brewing for an estimated £10m, and production will transfer from Tadcaster to Bedford over the next few months.... [more]

Blooms of Bressingham, the UK-listed garden centre chain, is in preliminary discussions over a possible sale of the business to an un-named bidder, tipped to be a consortium led by property and retail... [more]

Spanish technology group Amadeus is reported to be moving towards a sale of Opodo, its online travel agency, after implementing a restructuring of the business's management team. The new system will p... [more]

Racoon International, the hair extensions company, has undergone an estimated £15m management buy-out backed by private equity firm Matrix.... [more]

A sale is now thought to be the most likely option for the Dawnay Shore, the operator of the Paramount hotel brand, after it received expressions of interest from a number of companies.... [more]

The owner of Blue Water Horizons, the Weymouth-based power boat company, has said that he would consider selling the business in order to pursue other business enterprises. Frank Stevens, who also own... [more]

Traveller's Tales has acquired Embryonic Studios, the Bollington-based video games developer with 20 staff, for undisclosed terms.... [more]

The managing director of family-owned boat company Berthon International has revealed that the company would consider serious offers with a premium for the business despite the fact that it is not act... [more]

Western & Oriental has acquired Tropical Locations, the London-based luxury holidays company, from Bob Mortimore Travel for £0.2m.... [more]

Charles Wells has acquired ten freehold pubs from Traditional Freehouses of East London for £9m.... [more]

The Royal Bank of Scotland is thought to have secured a deal to sell 47 UK Marriott hotels to an Israeli property company and its partners for £1.1bn. ... [more]

First Choice, the UK-listed holiday company, has announced that it has acquired online hotel booking website LateRooms for up to £120m.... [more]

Next Generation Clubs has expanded its chain of health and fitness clubs with the acquisition of the Amida Club in Beckenham, the Amida Club in Hampton and the Odyssey Health Club in High Wycombe.... [more]

Countrywide, the UK property services company, has agreed a £941m management buy-out backed by private equity firm 3i.... [more]