Acquisition Resources

Brink’s, Incorporated, a subsidiary of The Brink's Company, today announced the completion of the sale of its United Kingdom subsidiary’s domestic cash handling operations to Loomis UK Limited, a sub... [more]

Premier Asset Management Plc has agreed to a £51.9m management buyout from Harvard, the bid company backed by private equity fund manager Electra Partners LLP and Premier's management. ... [more]

Lloyds TSB has begun the process of selling its Abbey Life insurance business, after months of speculation. Lehman Brothers and Morgan Stanley have been hired to source buyers for the closed life insu... [more]

Provident Financial, the British consumer lender, has announced details of its planned spilt with its international home credit business in July. Provident has planned the demerger to enable both comp... [more]

The Board of Wilmington Group plc has confirmed that it has conducted a strategic review of its business and has concluded that Wilmington should focus on its professional markets business. This compr... [more]

Jefferies Group, Inc. has announced that it has acquired LongAcre Partners, the leading, London-based corporate advisory firm focused on the European media and online sector. This acquisition is the ... [more]

The combined boards of Investec plc and Investec Limited and the board of Kensington Group plc have announced agreement on the terms of Investec’s offer. ... [more]

Towergate, the Kent-based private insurance firm established in 1997 to provide insurance in niche markets ranging from holiday homes to cherished cars, is the subject of speculation that it could rea... [more]

Home emergency cover provider Homeserve Plc has approached household appliance warranty company Domestic & General regarding an offer for the business.... [more]

Lloyds TSB has agreed the sale of the business and assets of Lloyds TSB Registrars to Advent International for a total cash consideration of £550m. ... [more]

Support services provider Serco Group have announced an unconditionalagreement on the terms its offer for consultancy business Cornwell Management Consultants. The offer will be 40 pence in cash for ... [more]

Financial advisers Bestinvest, one of the UK's largest independent advisers and brokers, is set for a sale or flotation in a move that could see it valued at up to £150m.... [more]

GMAC Insurance, the insurance business of GMAC Financial Services, announced that it has agreed to acquire Provident Insurance, the UK-based automotive insurance division of Provident Financial PLC. ... [more]

Prudential plc has completed the sale of Egg Banking plc, Prudential’s UK banking business, to Citigroup for £546m, after agreeing a price of £575m in January. A slide in the bank's net asset value du... [more]

The partners of Grant Thornton UK LLP and RSM Robson Rhodes LLP have announced their agreement to merge the two firms to create one of the strongest accounting and business advisory groups in the UK.... [more]

Barclays has agreed to buy Dutch bank ABN AMRO for around £45.5bn, in what will be the financial services sector’s largest takeover. ... [more]

Waterman Group announced that it has entered into a conditional agreement to acquire Boreham, the consultancy specialising in transport planning, development control and transport studies, for a maxim... [more]

Man Group, the world's largest listed hedge fund, plans to sell its brokerage business, Man Financial, to concentrate on money management. The company has conducted a financial review and "believes th... [more]

Irish Nationwide building society has started the process of demutualisation, and is expected to be on the market in the next couple of months. The society, which is viewing a trade sale to another in... [more]

UK-listed financial services group Schroders is rumoured to be considering a sale of its asset management division. Analysts have tipped investment banks Goldman Sachs, JP Morgan and Citigroup as pote... [more]