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Acquisitions News: February 2002

Mon, 25 Feb 2002: Marconi PLC is in talks to sell its Italian defence subsidiary Marconi Mobile. Bidders for the £400 million business are thought to include BAE ...
[more: Marconi PLC is in talks to sell its Ital...]
Mon, 25 Feb 2002: McMullen & Sons, one of the oldest family-run pub companies in Britain, is putting its business up for sale for an estimated £200m. Assets i...
[more: McMullen & Sons, one of the oldest famil...]
Mon, 25 Feb 2002: The owners of the Financial Times, Pearson, have received several expressions of interest in FT Business, its specialist UK financial publishing arm. ...
[more: The owners of the Financial Times, Pears...]
Mon, 25 Feb 2002: Wagamama, the Japanese noodle bar chain, is soon to be put up for sale by Graphite Capital, the venture capitalist which owns a majority stake in the ...
[more: Wagamama, the Japanese noodle bar chain,...]
Fri, 22 Feb 2002: Cadbury Schweppes has acquired a 51% stake in Kent Gida, the Turkish sugar confectionery company, for £90m...
[more: Cadbury Schweppes has acquired a 51% sta...]
Fri, 22 Feb 2002: Freeway Software, the Wigan-based developer of payroll software, has been acquired by IRIS for an estimated £8m...
[more: Freeway Software, the Wigan-based develo...]
Fri, 22 Feb 2002: United Industries has sold its components and systems division to OSL Group for £6.2m, in order to focus on technical plastics...
[more: United Industries has sold its component...]
Fri, 22 Feb 2002: Energis, the telecommunications carrier, will put its loss-making overseas businesses in the Netherlands and Germany up for sale, in an attempt to reg...
[more: Energis, the telecommunications carrier,...]
Fri, 22 Feb 2002: Guardian IT plc has admitted it is in preliminary talks which could see it taken over. Main US rivals Sunguard Data Systems Inc and International Busi...
[more: Guardian IT plc has admitted it is in pr...]
Fri, 22 Feb 2002: Edison SpA and the US group Bechtel have appointed the merchant bank Rothschild to sell their stakes in the UK water company International Water. The ...
[more: Edison SpA and the US group Bechtel have...]
Thu, 21 Feb 2002: Tate & Lyle is looking to sell its North American molasses operations, including United Molasses, UM North America and United Storage...
[more: Tate & Lyle is looking to sell its North...]
Thu, 21 Feb 2002: Barclays is planning to acquire the UK credit cards business of Providian Financial of the US for an estimated £70m, in order to expand its Barc...
[more: Barclays is planning to acquire the UK c...]
Thu, 21 Feb 2002: Spirent has sold its aerospace components business to Curtiss-Wright of the US for £42m, in order to reduce debt and focus on its network techno...
[more: Spirent has sold its aerospace component...]
Thu, 21 Feb 2002: Range Cylinders, the Wakefield-based manufacturer of hot water cylinders with 112 staff, has been sold by the Baxi Group to RCM for undisclosed terms...
[more: Range Cylinders, the Wakefield-based man...]
Thu, 21 Feb 2002: Lookers has acquired 452 (Birmingham) from Vauxhall Motor and the Rystar Aston and Selly Oak Vauxhall outlets from Ryland Group for a total £2m...
[more: Lookers has acquired 452 (Birmingham) fr...]
Wed, 20 Feb 2002: Hanson is to sell HBcE, its European brick manufacturing business, to Wienerberger for £39m...
[more: Hanson is to sell HBcE, its European bri...]
Wed, 20 Feb 2002: VIP-Heinke, the Huntingdon-based manufacturer of rubber and plastic seals with 200 staff, has been acquired by a consortium including Close Brothers P...
[more: VIP-Heinke, the Huntingdon-based manufac...]
Wed, 20 Feb 2002: Formula One's broadcasting and marketing rights have been put up for sale by Leo Kirch, the German media mogul, who aims to break up his debt lad...
[more: Formula One's broadcasting and marketing...]
Wed, 20 Feb 2002: Invensys has decided to sell its industrial components and systems divisions, with sales of £2.3bn, to raise £1.5bn and halve the group&#...
[more: Invensys has decided to sell its indust...]
Tue, 19 Feb 2002: McDonald's has sold 26 of its Aroma coffee bars to Caffe Nero for about £3.5m, taking the Caffe Nero chain to more than 100...
[more: McDonald's has sold 26 of its Aroma coff...]
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