Hays will initially raise £102m by selling part of its logistics business to the US venture capital group Platinum Equity. It expects to raise a further £100m through the separate sale of the division... [more]

The British Broadcasting Corporation has unveiled plans to sell its BBC Technology arm as part of an effort to save up to 30 million pounds a year. With 1,400 staff and annual turnover of 220 million... [more]

Hays has sold most of its logistics business to Platinum Equity of the US for £102m, and is now looking to sell its mail division and the remaining logistics operations in the US and Germany.... [more]

Madisons has sold its chain of 27 coffee bars to Out of Town Group for an initial £2.2m, in order to focus on its Richoux restaurant format.... [more]

Troubled gaming group Wembley has received a number of bid approaches which could lead to it being broken up.The company, which no longer owns the eponymous football stadium, said that while it was co... [more]

The owners of MG Rover have said they would be willing to use the company's property assets to shore up the car business if it fell into financial difficulties. The directors of Phoenix Venture Holdin... [more]

CVC Capital Partners, the private equity group, is close to appointing bankers to advise on a possible sale, merger or flotation of Halfords, the car parts and bicycle retailer. The company is underst... [more]

Nedcor, the South African bank, is planning to sell Chiswell Associates, the London-based fund manager that specialises in charities, following a strategic review. It is rumoured that the company has... [more]

Duke Street Capital has acquired Accantia, the Birmingham-based toiletries manufacturer, from ABN Amro Capital for £225m.... [more]

Avon Rubber has sold Avon Spencer Moulton, the French manufacturer of rubber tracks for construction equipment, to Nova Participations for £3.2m.... [more]

Tesco is to sell its 121 Supercigs and Supernews retail outlets to Rippleglen, while Rippleglen is planning to relocate its own Birmingham headquarters and warehouse to the Saltley Business Park.... [more]

Tesco is to sell its 121 Supercigs and Supernews retail outlets to Rippleglen, while Rippleglen is planning to relocate its own Birmingham headquarters and warehouse to the Saltley Business Park.... [more]

Capital Radio has acquired two Choice FM radio stations in London, in a £12m deal that involves buying the remaining 81% of Tainside.... [more]

MSB International has acquired the IT recruitment contracts of Kent-based Leading Edge Recruitment for up to £0.5m.... [more]

Capital Radio has acquired two Choice FM radio stations in London, in a £12m deal that involves buying the remaining 81% of Tainside.... [more]

MSB International has acquired the IT recruitment contracts of Kent-based Leading Edge Recruitment for up to £0.5m.... [more]

Park Group is to acquire the North East and North West operations of Mirfield Financial Services for £2.3m, in order to add about 9,000 new customers to its cash lending business.... [more]

Eclipse Translations has acquired the former in-house translation department of ICI for undisclosed terms, and is also planning to increase its international freelance workforce from 850 to 1,000 by t... [more]

Park Group is to acquire the North East and North West operations of Mirfield Financial Services for £2.3m, in order to add about 9000 new customers to its cash lending business.... [more]

Eclipse Translations has acquired the former in-house translation department of ICI for undisclosed terms, and is also planning to increase its international freelance workforce from 850 to 1000 by th... [more]