Valeo, the French automotive parts maker, has announced the sale of its electric motors business to Johnson Controls of the US. Valeo are expected to dispose of further operations that make up a small... [more]

Hepworth, the building and heating products company, has put up its building products division on sale for £150m. Possible bidders include CRH, Hanson, Haywood Williams, the buildings group, IMI, the ... [more]

Lloyd's insurer Alleghany Underwriting is up for sale at around £20m. The sale follows losses made by its parent group, Alleghany Corporation, of $39m in the fourth quarter last year. Interested parti... [more]

BAT, the giant tobacco company, has called in Goldman Sachs, the investment bank, to conduct a strategic review into its Formula 1 motor racing team. The review will look at all options including the ... [more]

Marconi, the telecommunications manufacturer, is understood to be looking to sell its medical systems division, following a restructuring of the group. Possible bidders include Philips, the Dutch elec... [more]

Workspace, the £160m company which lets business units to small companies, is considering the sale of a quarter of its business and refocus on London and the South East. It is believed to be in negoti... [more]

General Healthcare, Britain's largest private hospital owner, has put up its private-hospital group, Community Hospitals, for auction at a value of £230m. The Swedish healthcare group, Capio, has emer... [more]

NHP, the nursing homes group, has rejected a bid for about 20 properties from a group of investors backed by Jeremy Davies, the company's founder and director. A sale of NHP's underperforming properti... [more]

Rexam, the paper and packaging group, is looking to sell its building and engineering division following the successful disposal of Rexam Decorative Specialities International, the last remaining busi... [more]

BBA has put its materials technology division up for sale in a deal that is expected to raise more than £1bn and enable the group to focus on its fast growing aviation services business. The move will... [more]

Galen, the speciality pharmaceuticals group, has hinted that it now regards its services division as non-core, although it said that it had no plans to sell it in the short term. ... [more]

Richard Desmond, owner of Express Newspapers, has teamed up with Galliard Homes in a scheme to sell the West Ferry printing site. The 20-acre site in East London could fetch up to £25m according to Mr... [more]

Kingfisher, the retail conglomerate, is understood to have received three offers for its Superdrug health and beauty chain, valuing the high street business at £300-£350m.... [more]

Despite an improved bid, GE Capital gave up its attempts to overturn the agreement reached by Equitable Life to sell its operational assets to Halifax, the mortgage bank for up to £1bn.... [more]

Enic, the sport and media company, is seeking shareholder approval to sell its knowledge management company, and Glasgow Rangers, the Scottish football club. The company is said to want to be able to ... [more]

BT's leading shareholders are said to be impatient for action on disposals of its non-core businesses in the UK, Europe and Japan.... [more]

L&G Ventures, the private equity arm of Legal & General, has made a cash offer to buy 1,000 local pubs from Bass, the hotel group, for around £620m.... [more]

Pearse Flynn, a Glasgow-based businessman and former managing director of Newbridge Networks, a Canadian technology company, has made an approach to buy the non-mobile assets of Eircom, the former sta... [more]

Smith and Nephew, the medical devices group, that has undergone a radical restructuring, is looking for acquisitions to bolster its target of double-digit earnings growth from next year. The company i... [more]

Inflexion, the quoted venture capitalist, raised £40m last year and appears to have invested wisely. There are rumours in the market that a number of disposals are in the pipeline.... [more]