Acquisition Resources

Scottish Media Group plans to reduce its debt of £155m by selling off assets, and it is expected that recently appointed chief executive Rob Woodward will announce that Primesight, the poster-ad compa... [more]

Buyout group Hermes has reportedly hired Deloitte to advise on a possible sale of Oyezstraker, its office supplies business. Hermes has received approaches for the business, and a sale is estimated to... [more]

Redcats UK is to sell its courier network business to Parcelnet, creating a combined group of 7,000 couriers that will provide home delivery services for the Redcats brands.... [more]

Barclays Bank has sold most of Monument, its Sussex-based sub-prime credit card business, to Compucredit of the US for £390m.... [more]

Bridgepoint has today been announced as the preferred bidder for the sale of Leeds Bradford International Airport, with Barclays Private Equity with Churchill Airports as the reserve bidder. ... [more]

Cannock Gates has sold the goodwill and assets of its gate business out of administration to the Peart Group of Hartlepool for undisclosed terms, securing 50 jobs at its factory in Cannock.... [more]

National Grid is to sell its UK Wireless business, which provides network infrastructure to mobile operators, to Macquarie UK Broadcast Ventures for £2.5bn.... [more]

Rolls-Royce has acquired the assets of SOFCo-EFS Holdings, the US developer of fuel cells, from McDermott International for undisclosed terms, in order to expand its Rolls-Royce Fuel Cell Systems divi... [more]

CNA International of Castle Donington has sold its consultancy division to MA Consulting International for undisclosed terms, in order to focus on executive search and recruitment.... [more]

Brambles Foods, the sandwich maker, has been sold by NBGI Private Equity to Heathrow-based Food Partners for £22m.... [more]

UK-listed lender Northern Rock has confirmed that it is "engaging with third parties" over the sale of its £1.56bn commercial secured loan book. It was said in a trading statement released by the bank... [more]

American Standard Companies Inc. has announced completion of the sale of their Venesta Washroom Systems business in the UK to RS Building Products for approximately $165m. The sale represents an after... [more]

Centex Corporation announced it has completed the sale of its commercial construction division, Centex Construction, to Balfour Beatty PLC, the leading UK-based international engineering and construct... [more]

Premier Foods has sold MBM Produce, its Norfolk-based fresh produce division, to a management team operating under the name of Abbanoy Produce.... [more]

Hargreaves Services has acquired Simon Bulk Warehousing & Distribution from Humber Sea Terminal for £4m, with the transfer of 28 staff.... [more]

The British division of Borders, the book chain being sold by its American parent, has reportedly attracted interest of entrepreneur Richard Branson. A newspaper report said Branson had requested deta... [more]

British business services company Rentokil Initial Plc announced an offer from US conglomorate United Technologies Corporation for its electronic security division. UTC’s cash offer values Initial Ele... [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]

Edinburgh-based David Flatman Ltd, owner of bargain book chains Bookworld, Bargain Books and bw!, has been bought out of administration by specialist books, arts and crafts retailer The Works for an u... [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]