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]

Tate & Lyle is believed to be close to a full or partial sale of its food and industrial ingredients business. The UK-based company has announced that an announcement over the sale would be made “with... [more]

ITIS Holdings has sold its NavTrak vehicle tracking subsidiary to Cobra Automotive Technologies for an initial £2.2m, in order to focus on traffic information.... [more]

UK media group Emap Plc has announced that it is considering selling its Ireland-based radio stations, TodayFM, FM104 and Highland Radio, as part of a company-wide review. It has cited tough trading c... [more]

Private equity firm 3i is rumoured to be considering a sale of its UK-based recruitment company Prime Time Recruitment. 3i backed a management buy out of the business in 1998, and since then Prime Tim... [more]

Northbridge Industrial Services has acquired the trade and assets of Loadbank Hire Services of London from TGC International for £0.9m.... [more]

Care UK is to acquire the Mercury Health division of Tribal for £77m, in order to expand its network of primary care and fast-track surgery centres.... [more]

Whitbread, the UK-listed leisure company, has confirmed that it is considering the sale of its David Lloyd fitness chain. David Lloyd operates 59 fitness clubs and is estimated to fetch up to £940m. ... [more]

US-based entertainment company Live Nation is to sell off the Hammersmith Apollo in order to seek approval from the Competition Commission to go ahead with its takeover of UK-based Academy Music. The ... [more]

Buyout group Lyceum has hired NM Rothschild to advise on the sale of its Asquith Court chain of nurseries, it was reported. A minimum asking price of £100m was suggested for the chain of UK-based nurs... [more]

Hydro is to sell its aluminium car parts factory in Worcester to Holden Lightweight, securing the future of 130 jobs.... [more]

Laird is to sell its security systems division to Lupus Capital for £242m, in order to focus on the manufacture of electromagnetic shields for mobile phones.... [more]

Oakdale Bakeries has sold its cake factories in Wigan and Doncaster out of administration to BakeSense Bakeries of Wilmslow, securing the future of 250 jobs.... [more]

Towry Law has bought the financial services advisory division of Baker Tilly for £9.5m, with the transfer of 41 wealth advisers.... [more]

It was reported by Frankfurter Allgemeine Zeitung that Commerzbank, the listed German banking giant, is close to selling its UK-based asset management subsidiary JupiterThe sale contracts are ready t... [more]

UK electronics firm Laird Group announced the divestment of its security unit to Lupus Capital, the AIM-listed turnaround firm, for £242.5m. ... [more]