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Acquisitions News: January 2002

Thu, 31 Jan 2002: Royal & SunAlliance is believed to have put its fund management business up for auction. The sale is part of a drive to raise cash to expand its c...
[more: Royal & SunAlliance is believed to have ...]
Wed, 30 Jan 2002: Merck is selling its distribution arm, Merck-Medco, in a bid to regain investor confidence. It will probably start with an IPO of part of the division...
[more: Merck is selling its distribution arm, M...]
Wed, 30 Jan 2002: ML Laboratories, the drug delivery company, is planning to divest all non-core assets, including its inhaler subsidiary, Innovata Biomed. It will also...
[more: ML Laboratories, the drug delivery compa...]
Wed, 30 Jan 2002: Cosalt, the industrial services and leisure products group, is considering the disposal of its caravan and holiday homes unit, as well as its lossmaki...
[more: Cosalt, the industrial services and leis...]
Tue, 29 Jan 2002: RSM Robson Rhodes have been appointed administrators at Elbief and Richards, the old-established suppliers of textiles, carpets and household goods. S...
[more: RSM Robson Rhodes have been appointed ad...]
Tue, 29 Jan 2002: Queercompany, an internet portal aimed at the gay and lesbian market in the UK, has ceased trading and put itself up for sale after using £3.5m ...
[more: Queercompany, an internet portal aimed a...]
Fri, 25 Jan 2002: Claims Direct is to acquire Claimline, the personal injury claims specialist, for £1.5m, and has also announced plans to communicate with more c...
[more: Claims Direct is to acquire Claimline, t...]
Fri, 25 Jan 2002: Baltimore Technologies has sold its Content Technologies e-mail security division to Clearswift for £21m...
[more: Baltimore Technologies has sold its Cont...]
Fri, 25 Jan 2002: Tandem Group has acquired Ben Sayers, the East Lothian-based golf equipment manufacturer, from The Caledonian Golf Group for £1.1m...
[more: Tandem Group has acquired Ben Sayers, th...]
Fri, 25 Jan 2002: GlaxoSmithKline will consider selling a large part of its research operations if the rate at which they discover new drugs does not improve over the n...
[more: GlaxoSmithKline will consider selling a ...]
Fri, 25 Jan 2002: Kmart has recently become the biggest US retailer to declare bankruptcy, brought down by a myriad of problems. The bankruptcy filing will allow Kmart ...
[more: Kmart has recently become the biggest US...]
Fri, 25 Jan 2002: Powergen , the energy group, has taken its combined heat and power business off the market after failing to find a buyer. Analysts put the value of th...
[more: Powergen , the energy group, has taken i...]
Thu, 24 Jan 2002: Endsleigh Insurance Services, the operator of 129 insurance shops, is planning a management buy-out from Dutch-based Goudse for undisclosed terms...
[more: Endsleigh Insurance Services, the operat...]
Wed, 23 Jan 2002: Biolife Ventures is planning a reverse takeover of Zimed, the North Wales-based developer of an intravenous drip monitoring device...
[more: Biolife Ventures is planning a reverse t...]
Tue, 22 Jan 2002: Yell has agreed to acquire McLeod US Publishing, the US directories business, for £414m...
[more: Yell has agreed to acquire McLeod US Pub...]
Tue, 22 Jan 2002: Interserve has sold West's Engineering Design of Darlington to a management buy-out for £3m, securing the future of 150 jobs...
[more: Interserve has sold West's Engineering D...]
Tue, 22 Jan 2002: Hovat, the Kent-based food packaging company, has undergone a £3m management buy-out, and the subsequent acquisition of Ascom Addressing of Dart...
[more: Hovat, the Kent-based food packaging com...]
Tue, 22 Jan 2002: PII Group, the Cramlington-based provider of pipeline inspection services with 1,000 staff worldwide, has been bought from HgCapital by GE Power Syste...
[more: PII Group, the Cramlington-based provide...]
Tue, 22 Jan 2002: Wealth Management Software has sold its estate agency software business to management for £0.2m...
[more: Wealth Management Software has sold its ...]
Tue, 22 Jan 2002: McInerney Holdings has acquired Charlton Group, the Lancashire-based construction and property development company, for £8m...
[more: McInerney Holdings has acquired Charlton...]
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