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]