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Division Sale Acquisitions News: 2003

Wed, 22 Oct 2003: We tipped back in July that the American private equity group, Blackstone, wanted to offload London's luxury Claridges hotel. Now the 203 room h...
[more: We tipped back in July that the America...]
Wed, 22 Oct 2003: Speedy Survey has acquired the Watts Optronics branch network from survey equipment supplier Leica Geosystems for £1.3m....
[more: Speedy Survey has acquired the Watts Opt...]
Wed, 22 Oct 2003: PowerGen has agreed terms to acquire Midlands Electricity from Aquila & First Energy for £1.2bn, and expects to make annual cost savings of ...
[more: PowerGen has agreed terms to acquire Mid...]
Tue, 21 Oct 2003: MyTravel is to sell its US cruise operations to National Leisure Group for £66m, and its SunTrips and Vacation Express tour operating businesses...
[more: MyTravel is to sell its US cruise operat...]
Tue, 21 Oct 2003: CD Bramall has acquired Land Rover and Rover dealerships in Aylesbury from Dutton Forshaw for £4.4m....
[more: CD Bramall has acquired Land Rover and R...]
Mon, 20 Oct 2003: The world's biggest manufacturer of genetically modified (GM) crops, US company Monsanto, has been haemorrhaging money. And now it has said it pl...
[more: The world's biggest manufacturer of gene...]
Mon, 20 Oct 2003: American Electric Power aims to sell the two power stations it owns in the UK by the end of 2004, virtually ending a wave of U.S. investment in the Br...
[more: American Electric Power aims to sell the...]
Mon, 20 Oct 2003: Lookers has acquired the Lexus Hadleigh car dealership in Essex from E&H Hadleigh for £2m....
[more: Lookers has acquired the Lexus Hadleigh ...]
Sun, 19 Oct 2003: Telecoms group Kingston Communications is set to be broken up in a deal likely to see rival Thus taking a large share of the business. Smaller divisio...
[more: Telecoms group Kingston Communications i...]
Sat, 18 Oct 2003: British Oil giant BP is panning to sell some or all of its Russian oil and gas fields bought when it formed its TKN-BP partnership. Analysts say BP co...
[more: British Oil giant BP is panning to sell ...]
Fri, 17 Oct 2003: Having sold its water metering business to a US buyer for considerably less than expected, Invensys, the former engineering conglomerate has three non...
[more: Having sold its water metering business ...]
Wed, 15 Oct 2003: THE company chosen to run nearly all of Wales' trains could be forced to sell off some of its bus operations in North and Mid Wales. The Office o...
[more: THE company chosen to run nearly all of ...]
Wed, 15 Oct 2003: French networks M6 and Paris Premiere and cable provider Noos are on the market, after a decision by Franco-Belgian parent Suez to shed its broadcasti...
[more: French networks M6 and Paris Premiere an...]
Tue, 14 Oct 2003: Beleaguered cable company Telewest is said to be considering the possibility of raising much-needed cash by selling Flextech. Flextech owns UK channel...
[more: Beleaguered cable company Telewest is sa...]
Tue, 14 Oct 2003: Johnson Service is to acquire Workplace Management, the property management company, from Chesterton International for £20m...
[more: Johnson Service is to acquire Workplace ...]
Mon, 13 Oct 2003: Swiss engineering firm Georg Fischer said it would cease manufacturing at its British foundry in Lincoln as part of a far-reaching profit enhancement ...
[more: Swiss engineering firm Georg Fischer sai...]
Mon, 13 Oct 2003: Dunlop Slazenger, the tennis and golf company owned by the Royal Bank of Scotland, has been put up for sale. Dunlop Slazenger is expected to attract i...
[more: Dunlop Slazenger, the tennis and golf co...]
Mon, 13 Oct 2003: Yeoman has sold its Brooks & Gatehouse yacht navigation subsidiary to Kongsberg Maritime of Norway for £2.7m...
[more: Yeoman has sold its Brooks & Gatehouse y...]
Sat, 11 Oct 2003: The owner of holiday resort firm Center Parcs UK has reportedly put it up for sale for more than 300 million pounds. MidOcean, a private equity firm s...
[more: The owner of holiday resort firm Center ...]
Fri, 10 Oct 2003: Australian AMP has so far failed to find buyers for its troubled British operations and appears to be pushing ahead with its plan to demerge its UK bu...
[more: Australian AMP has so far failed to find...]

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