Acquisitions News: 2003

Tue, 16 Dec 2003: Royal & Sun Alliance is reportedly very near to making a deal to sell its U.K. life insurance business, which is valued at around £600 million. According to an article in the Sunday Times, as distributed by Reuters, 15th December is the deadline set by Goldman Sachs and Lehman Brothers, the investment banks handling the sale, for bids to be submitted. The move fits in with R&SA's announced strategy of concentrating on its P/C business, and continues its radical restructuring. It has disposed of most of its U.S. business, and recently raised £960 million in new capital through a rights issue, which greatly impr...
[more: Royal & Sun Alliance is reportedly very ...]

Tue, 16 Dec 2003: Morrisons has announced a £3bn agreed takeover offer for Safeway, which will create a nationwide chain of 552 supermarkets and lead to the closu...
[more: Morrisons has announced a £3bn agreed t...]

Tue, 16 Dec 2003: Chime Communications has acquired TTA Public Relations, the property marketing company, for an initial £0.6m....
[more: Chime Communications has acquired TTA Pu...]

Tue, 16 Dec 2003: Dicom Group has acquired Perdata, the Spanish provider of electronic document capture services, for £0.5m....
[more: Dicom Group has acquired Perdata, the Sp...]

Tue, 16 Dec 2003: Cytomyx Holdings is to raise £2m in a share placing to help fund the acquisition of Clinomics Biosciences of the US....
[more: Cytomyx Holdings is to raise £2m in a s...]

Tue, 16 Dec 2003: Netstore has acquired the UK-based IT solutions business of EMS Global Holdings of New Zealand, for an initial £0.25m....
[more: Netstore has acquired the UK-based IT so...]

Tue, 16 Dec 2003: KPMG has sold the Loks Plasma stainless steel profiling division of Vernon Stainless out of administration to Metals UK Group of Bolton, securing 35 j...
[more: KPMG has sold the Loks Plasma stainless ...]

Tue, 16 Dec 2003: Isoclad, the North Shields-based manufacturer of panels for the refrigeration and other industries, has been bought out of receivership by a managemen...
[more: Isoclad, the North Shields-based manufac...]

Tue, 16 Dec 2003: Peter Black Healthcare, the Swadlincote-based manufacturer of vitamin supplements and herbal remedies with 240 staff, has been acquired by Perrigo of ...
[more: Peter Black Healthcare, the Swadlincote-...]

Tue, 16 Dec 2003: Morrisons has announced a £3bn agreed takeover offer for Safeway, which will create a nationwide chain of 552 supermarkets and lead to the closu...
[more: Morrisons has announced a £3bn agreed t...]

Tue, 16 Dec 2003: Chime Communications has acquired TTA Public Relations, the property marketing company, for an initial £0.6m....
[more: Chime Communications has acquired TTA Pu...]

Tue, 16 Dec 2003: Dicom Group has acquired Perdata, the Spanish provider of electronic document capture services, for £0.5m....
[more: Dicom Group has acquired Perdata, the Sp...]

Tue, 16 Dec 2003: Cytomyx Holdings is to raise £2m in a share placing to help fund the acquisition of Clinomics Biosciences of the US....
[more: Cytomyx Holdings is to raise £2m in a s...]

Tue, 16 Dec 2003: Netstore has acquired the UK-based IT solutions business of EMS Global Holdings of New Zealand, for an initial £0.25m....
[more: Netstore has acquired the UK-based IT so...]

Tue, 16 Dec 2003: KPMG has sold the Loks Plasma stainless steel profiling division of Vernon Stainless out of administration to Metals UK Group of Bolton, securing 35 j...
[more: KPMG has sold the Loks Plasma stainless ...]

Tue, 16 Dec 2003: Isoclad, the North Shields-based manufacturer of panels for the refrigeration and other industries, has been bought out of receivership by a managemen...
[more: Isoclad, the North Shields-based manufac...]

Tue, 16 Dec 2003: Peter Black Healthcare, the Swadlincote-based manufacturer of vitamin supplements and herbal remedies with 240 staff, has been acquired by Perrigo of ...
[more: Peter Black Healthcare, the Swadlincote-...]

Mon, 15 Dec 2003: Anglian Water is to sell its PURAC process engineering business in Sweden to Lackeby Water for a nominal sum....
[more: Anglian Water is to sell its PURAC proce...]

Mon, 15 Dec 2003: Soccer City, the operator of a five-a-side football centre in Fareham, has been acquired by Taskcatch for £0.7m....
[more: Soccer City, the operator of a five-a-si...]

Mon, 15 Dec 2003: Offshore Telecom has acquired Intrinsic Networks, the provider of network and application security solutions, for up to £2m....
[more: Offshore Telecom has acquired Intrinsic ...]