Punch Taverns, the UK's largest pubs firm, has said that it will consider a demerger of its managed Spirit division, following lower profits than expected due to the wettest summer on record. ... [more]

A group of investors led and advised by Quinlan Private, a leading international property investment and advisory group, and Igal Ahouvi Group, an international real estate investor, have completed th... [more]

Sportech is planning to acquire the Vernons Pools gaming business from Ladbrokes for about £50m, in order to expand its Littlewoods division.... [more]

UK pub and restaurant operator Gourmet Holdings has reportedly put its Bel and The Dragon division up for sale again after exclusive negotiations with Cross Oak Inns were abandoned due to a downturn i... [more]

Private equity group Alchemy Partners has apparently approached two potential buyers of its QHotels business according to a report. QHotels operates 21 properties and is valued at around £600m. Alchem... [more]

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]

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]

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]

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]